AXL Makes Notable Cross Below Critical Moving Average

In trading on Friday, shares of American Axle & Manufacturing Holdings Inc (AXL) crossed below their 200 day moving average of $18.63, changing hands as low as $18.58 per share. American Axle & Manufacturing Holdings Inc shares are currently trading off about 1.6% on the day. The chart below shows the one year performance of AXL shares, versus its 200 day moving average:

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American Axle & Manufacturing Holdings Inc 200 Day Moving Average Chart

Looking at the chart above, AXL's low point in its 52 week range is $11.40 per share, with $21.48 as the 52 week high point — that compares with a last trade of $18.73.

According to the ETF Finder at ETF Channel, AXL makes up 1.05% of the Guggenheim Insider Sentiment ETF ( NFO) which is trading lower by about 0.8% on the day Friday.

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