CAJ Makes Notable Cross Below Critical Moving Average

In trading on Wednesday, shares of Canon, Inc. (CAJ) crossed below their 200 day moving average of $35.31, changing hands as low as $35.22 per share. Canon, Inc. shares are currently trading off about 1.9% on the day. The chart below shows the one year performance of CAJ shares, versus its 200 day moving average:

START SLIDESHOW:
Click here to find out which 9 other stocks recently crossed below their 200 day moving average »

Canon, Inc. 200 Day Moving Average Chart

Looking at the chart above, CAJ's low point in its 52 week range is $29.81 per share, with $44.94 as the 52 week high point — that compares with a last trade of $35.33.

According to the ETF Finder at ETF Channel, CAJ makes up 3.33% of the BLDRS Asia 50 ADR Index Fund ETF ( ADRA) which is trading lower by about 0.7% on the day Wednesday.

null

More from Stocks

Dow Gets Swept Into Nasty Reversal Even as Nasdaq Posts New Record

Dow Gets Swept Into Nasty Reversal Even as Nasdaq Posts New Record

REPLAY: Jim Cramer on Fed Rate Hikes, Oil Prices and Starbucks Worries

REPLAY: Jim Cramer on Fed Rate Hikes, Oil Prices and Starbucks Worries

What Will GM Do With Cruise -- and Is Its Stock Worth $55?

What Will GM Do With Cruise -- and Is Its Stock Worth $55?

3 Must Reads on the Market From TheStreet's Top Columnists

3 Must Reads on the Market From TheStreet's Top Columnists

This Should Be Your Retirement Savings Plan When the Stock Market Crashes

This Should Be Your Retirement Savings Plan When the Stock Market Crashes