VEDL Makes Notable Cross Below Critical Moving Average

In trading on Friday, shares of Vedanta Ltd (Symbol: VEDL) crossed below their 200 day moving average of $6.16, changing hands as low as $5.94 per share. Vedanta Ltd shares are currently trading off about 5% on the day. The chart below shows the one year performance of VEDL shares, versus its 200 day moving average:

Vedanta Ltd 200 Day Moving Average Chart

Looking at the chart above, VEDL's low point in its 52 week range is $3.24 per share, with $9.41 as the 52 week high point — that compares with a last trade of $6.14.

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.

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