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SCHN Crosses Below Key Moving Average Level

In trading on Thursday, shares of Schnitzer Steel Industries Inc (Symbol: SCHN) crossed below their 200 day moving average of $32.48, changing hands as low as $31.70 per share. Schnitzer Steel Industries Inc shares are currently trading down about 3.3% on the day. The chart below shows the one year performance of SCHN shares, versus its 200 day moving average:

Schnitzer Steel Industries Inc 200 Day Moving Average Chart

Looking at the chart above, SCHN's low point in its 52 week range is $24.60 per share, with $38.85 as the 52 week high point - that compares with a last trade of $31.91.

Click here to find out which 9 other metals stocks recently crossed below their 200 day moving average »

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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