Copper Miners Breaks Above 200-Day Moving Average - Bullish for COPX

In trading on Wednesday, shares of the Copper Miners ETF ( COPX) crossed above their 200 day moving average of $9.44, changing hands as high as $9.59 per share. Copper Miners shares are currently trading up about 1.6% on the day. The chart below shows the one year performance of COPX shares, versus its 200 day moving average:

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Copper Miners 200 Day Moving Average Chart

Looking at the chart above, COPX's low point in its 52 week range is $8.37 per share, with $13.17 as the 52 week high point — that compares with a last trade of $9.55.

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