NIHD Makes Notable Cross Below Critical Moving Average

In trading on Thursday, shares of NII Holdings Inc. (NIHD) crossed below their 200 day moving average of $6.49, changing hands as low as $6.48 per share. NII Holdings Inc. shares are currently trading down about 1.7% on the day. The chart below shows the one year performance of NIHD shares, versus its 200 day moving average:

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NII Holdings Inc. 200 Day Moving Average Chart

Looking at the chart above, NIHD's low point in its 52 week range is $4.11 per share, with $13.17 as the 52 week high point — that compares with a last trade of $6.67.

According to the ETF Finder at ETF Channel, NIHD makes up 3.75% of the iShares Dow Jones U.S. Telecommunications Sector Index Fund ETF ( IYZ) which is trading lower by about 0.7% on the day Thursday.

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