TEO Crosses Below Key Moving Average Level

In trading on Monday, shares of Telecom Argentina SA (TEO) crossed below their 200 day moving average of $13.12, changing hands as low as $13.11 per share. Telecom Argentina SA shares are currently trading up about 0.4% on the day. The chart below shows the one year performance of TEO shares, versus its 200 day moving average:

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Telecom Argentina SA 200 Day Moving Average Chart

Looking at the chart above, TEO's low point in its 52 week range is $9.12 per share, with $16.95 as the 52 week high point — that compares with a last trade of $13.59.

According to the ETF Finder at ETF Channel, TEO makes up 4.54% of the FTSE Argentina 20 ETF ( ARGT) which is trading lower by about 2.9% on the day Monday.

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