TIM Participacoes (TSU) Shares Cross Below 200 DMA

In trading on Friday, shares of TIM Participacoes S.A. (TSU) crossed below their 200 day moving average of $20.45, changing hands as low as $20.38 per share. TIM Participacoes S.A. shares are currently trading down about 0.2% on the day. The chart below shows the one year performance of TSU shares, versus its 200 day moving average:

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TIM Participacoes S.A. 200 Day Moving Average Chart

Looking at the chart above, TSU's low point in its 52 week range is $16.39 per share, with $30.90 as the 52 week high point — that compares with a last trade of $20.61.

According to the ETF Finder at ETF Channel, TSU makes up 2.45% of the Telecom GEMS ETF ( TGEM) which is trading lower by about 0.6% on the day Friday.

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