Tesla Motors Breaks Below 200-Day Moving Average - Notable for TSLA
In trading on Wednesday, shares of Tesla Motors Inc (Symbol: TSLA) crossed below their 200 day moving average of $226.61, changing hands as low as $226.20 per share. Tesla Motors Inc shares are currently trading off about 2.5% on the day. The chart below shows the one year performance of TSLA shares, versus its 200 day moving average:
Looking at the chart above, TSLA's low point in its 52 week range is $141.05 per share, with $286.65 as the 52 week high point - that compares with a last trade of $226.70.
According to the ETF Finder at ETF Channel, TSLA makes up 11.09% of the Global Alternative Energy ETF (Symbol: GEX) which is trading lower by about 0.9% on the day Wednesday.
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