HMIN Crosses Below Key Moving Average Level

In trading on Thursday, shares of Home Inns & Hotels Management Inc ( HMIN) crossed below their 200 day moving average of $27.95, changing hands as low as $27.30 per share. Home Inns & Hotels Management Inc shares are currently trading off about 6% on the day. The chart below shows the one year performance of HMIN shares, versus its 200 day moving average:

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Home Inns & Hotels Management Inc 200 Day Moving Average Chart

Looking at the chart above, HMIN's low point in its 52 week range is $16.32 per share, with $32.00 as the 52 week high point — that compares with a last trade of $27.31.

According to the ETF Finder at ETF Channel, HMIN makes up 1.60% of the Golden Dragon China Portfolio ETF ( PGJ) which is trading lower by about 3.8% on the day Thursday.
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