SCHL Makes Notable Cross Below Critical Moving Average

In trading on Monday, shares of Scholastic Corp. ( SCHL) crossed below their 200 day moving average of $29.39, changing hands as low as $29.01 per share. Scholastic Corp. shares are currently trading down about 1.2% on the day. The chart below shows the one year performance of SCHL shares, versus its 200 day moving average:

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Scholastic Corp. 200 Day Moving Average Chart

Looking at the chart above, SCHL's low point in its 52 week range is $25.03 per share, with $34.55 as the 52 week high point — that compares with a last trade of $29.20.

According to the ETF Finder at ETF Channel, SCHL makes up 2.50% of the Dynamic Media Portfolio ETF ( PBS) which is trading lower by about 1.3% on the day Monday.
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