TCPC Makes Notable Cross Below Critical Moving Average

In trading on Thursday, shares of TCP Capital Corp. ( TCPC) crossed below their 200 day moving average of $15.53, changing hands as low as $15.31 per share. TCP Capital Corp. shares are currently trading off about 1.9% on the day. The chart below shows the one year performance of TCPC shares, versus its 200 day moving average:

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TCP Capital Corp. 200 Day Moving Average Chart

Looking at the chart above, TCPC's low point in its 52 week range is $14.39 per share, with $16.94 as the 52 week high point — that compares with a last trade of $15.33.

According to the ETF Finder at ETF Channel, TCPC makes up 2.07% of the BDC Income ETF ( BIZD) which is trading lower by about 0.1% on the day Thursday.
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