JASO Crosses Below Key Moving Average Level

In trading on Wednesday, shares of JA Solar Holdings Co Ltd ( JASO) crossed below their 200 day moving average of $8.58, changing hands as low as $8.35 per share. JA Solar Holdings Co Ltd shares are currently trading down about 5.3% on the day. The chart below shows the one year performance of JASO shares, versus its 200 day moving average:

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JA Solar Holdings Co Ltd 200 Day Moving Average Chart

Looking at the chart above, JASO's low point in its 52 week range is $3.37 per share, with $12.80 as the 52 week high point — that compares with a last trade of $8.54.

According to the ETF Finder at ETF Channel, JASO makes up 3.38% of the Guggenheim Solar ETF ( TAN) which is trading lower by about 3.1% on the day Wednesday.

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