Bullish Two Hundred Day Moving Average Cross - TKR

In trading on Thursday, shares of Timken Co. ( TKR) crossed above their 200 day moving average of $56.52, changing hands as high as $58.39 per share. Timken Co. shares are currently trading up about 2.8% on the day. The chart below shows the one year performance of TKR shares, versus its 200 day moving average:

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Timken Co.  200 Day Moving Average Chart

Looking at the chart above, TKR's low point in its 52 week range is $50.22 per share, with $64.35 as the 52 week high point — that compares with a last trade of $56.12.

According to the ETF Finder at ETF Channel, TKR makes up 5.18% of the Steel ETF ( SLX) which is trading relatively unchanged on the day Thursday.

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