OLN Makes Notable Cross Below Critical Moving Average

In trading on Monday, shares of Olin Corp. ( OLN) crossed below their 200 day moving average of $22.97, changing hands as low as $22.74 per share. Olin Corp. shares are currently trading off about 1.1% on the day. The chart below shows the one year performance of OLN shares, versus its 200 day moving average:

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Olin Corp. 200 Day Moving Average Chart

Looking at the chart above, OLN's low point in its 52 week range is $19.34 per share, with $26.05 as the 52 week high point — that compares with a last trade of $22.96.

According to the ETF Finder at ETF Channel, OLN makes up 1.29% of the Dynamic Basic Materials Sector Portfolio ETF ( PYZ) which is trading lower by about 2.5% on the day Monday.
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