Noble Iron Breaks Above 200-Day Moving Average - Bullish For NIR
In trading on Tuesday, shares of Noble Iron Inc (TSXV: NIR.TO) crossed above their 200 day moving average of $1.34, changing hands as high as $1.50 per share. Noble Iron Inc shares are currently trading up about 3% on the day. The chart below shows the one year performance of NIR shares, versus its 200 day moving average:
Looking at the chart above, NIR's low point in its 52 week range is $0.70 per share, with $1.69 as the 52 week high point — that compares with a last trade of $1.35.
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