RONA Makes Notable Cross Below Critical Moving Average

In trading on Tuesday, shares of RONA, Inc. (TSX: RON.TO) crossed below their 200 day moving average of $11.66, changing hands as low as $11.36 per share. RONA, Inc. shares are currently trading off about 5.7% on the day. The chart below shows the one year performance of RON shares, versus its 200 day moving average:

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RONA, Inc. 200 Day Moving Average Chart

Looking at the chart above, RON's low point in its 52 week range is $9.69 per share, with $13.54 as the 52 week high point — that compares with a last trade of $11.66.

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