Gol Linhas Aereas Inteligentes SA Breaks Above 200-Day Moving Average - Bullish For GOL

In trading on Monday, shares of Gol Linhas Aereas Inteligentes SA (GOL) crossed above their 200 day moving average of $5.19, changing hands as high as $5.37 per share. Gol Linhas Aereas Inteligentes SA shares are currently trading up about 9% on the day. The chart below shows the one year performance of GOL shares, versus its 200 day moving average:

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Gol Linhas Aereas Inteligentes SA 200 Day Moving Average Chart

Looking at the chart above, GOL's low point in its 52 week range is $2.74 per share, with $7.67 as the 52 week high point — that compares with a last trade of $5.33.

According to the ETF Finder at ETF Channel, GOL makes up 1.32% of the Brazil Consumer ETF ( BRAQ) which is trading higher by about 0.3% on the day Monday.

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