CE Makes Notable Cross Below Critical Moving Average

In trading on Tuesday, shares of Celanese Corp ( CE) crossed below their 200 day moving average of $51.14, changing hands as low as $50.86 per share. Celanese Corp shares are currently trading off about 0.5% on the day. The chart below shows the one year performance of CE shares, versus its 200 day moving average:

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Celanese Corp  200 Day Moving Average Chart

Looking at the chart above, CE's low point in its 52 week range is $41.55 per share, with $58.56 as the 52 week high point — that compares with a last trade of $51.17.

According to the ETF Finder at ETF Channel, CE makes up 2.30% of the Dynamic Basic Materials Sector Portfolio ETF ( PYZ) which is trading up by about 0.1% on the day Tuesday.

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