GME Makes Notable Cross Below Critical Moving Average

In trading on Tuesday, shares of GameStop Corp ( GME) crossed below their 200 day moving average of $44.43, changing hands as low as $43.60 per share. GameStop Corp shares are currently trading down about 8.8% on the day. The chart below shows the one year performance of GME shares, versus its 200 day moving average:

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GameStop Corp 200 Day Moving Average Chart

Looking at the chart above, GME's low point in its 52 week range is $22.30 per share, with $57.74 as the 52 week high point — that compares with a last trade of $44.01.

According to the ETF Finder at ETF Channel, GME makes up 2.74% of the Dynamic Retail Portfolio ETF ( PMR) which is trading up by about 0.3% on the day Tuesday.

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