SHLM Crosses Below Key Moving Average Level

In trading on Tuesday, shares of A. Schulman, Inc. ( SHLM) SHLM crossed below their 200 day moving average of $26.48, changing hands as low as $26.20 per share. A. Schulman, Inc. shares are currently trading down about 11.4% on the day. The chart below shows the one year performance of SHLM shares, versus its 200 day moving average:

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A. Schulman, Inc. 200 Day Moving Average Chart

Looking at the chart above, SHLM's low point in its 52 week range is $17.75 per share, with $33.40 as the 52 week high point — that compares with a last trade of $26.37.

According to the ETF Finder at ETF Channel, SHLM makes up 2.17% of the S&P SmallCap Materials Portfolio ETF ( PSCM) PSCM which is trading relatively unchanged on the day Tuesday.
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