NX Makes Notable Cross Below Critical Moving Average

In trading on Thursday, shares of Quanex Building Products Corp ( NX) crossed below their 200 day moving average of $17.94, changing hands as low as $17.69 per share. Quanex Building Products Corp shares are currently trading off about 2% on the day. The chart below shows the one year performance of NX shares, versus its 200 day moving average:

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Quanex Building Products Corp 200 Day Moving Average Chart

Looking at the chart above, NX's low point in its 52 week range is $15.37 per share, with $22.27 as the 52 week high point — that compares with a last trade of $17.80.

According to the ETF Finder at ETF Channel, NX makes up 3.60% of the Guggenheim Spin-Off ETF ( CSD) which is trading lower by about 1% on the day Thursday.
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