Notable Two Hundred Day Moving Average Cross - TDG

In trading on Monday, shares of Trinidad Drilling Ltd (TSX: TDG.TO) crossed below their 200 day moving average of $8.95, changing hands as low as $8.91 per share. Trinidad Drilling Ltd shares are currently trading down about 3% on the day. The chart below shows the one year performance of TDG shares, versus its 200 day moving average:

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Trinidad Drilling Ltd 200 Day Moving Average Chart

Looking at the chart above, TDG's low point in its 52 week range is $6.46 per share, with $10.84 as the 52 week high point — that compares with a last trade of $8.98.

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