CTY Makes Notable Cross Below Critical Moving Average

In trading on Thursday, shares of Calian Technologies Ltd (TSX: CTY.TO) crossed below their 200 day moving average of $20.17, changing hands as low as $19.95 per share. Calian Technologies Ltd shares are currently trading off about 5.6% on the day. The chart below shows the one year performance of CTY shares, versus its 200 day moving average:

START SLIDESHOW:
Click here to find out which 9 other Canadian stocks recently crossed below their 200 day moving average »

Calian Technologies Ltd 200 Day Moving Average Chart

Looking at the chart above, CTY's low point in its 52 week range is $17.95 per share, with $22.60 as the 52 week high point — that compares with a last trade of $19.96.

More from Stocks

Never Buy Stocks Based on Unusual Call Activity: Doug Kass Insider

Never Buy Stocks Based on Unusual Call Activity: Doug Kass Insider

Will Tesla Stock Tumble 33% to $195?

Will Tesla Stock Tumble 33% to $195?

Is Best Buy Sleeping With the Enemy With Amazon Partnership?

Is Best Buy Sleeping With the Enemy With Amazon Partnership?

Video: The S&P 500 Is Failing to Make New Highs

Video: The S&P 500 Is Failing to Make New Highs

Dow, S&P 500 and Nasdaq Finish Lower as Apple, P&G Slump

Dow, S&P 500 and Nasdaq Finish Lower as Apple, P&G Slump