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:

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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.
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