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:

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

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.

If you liked this article you might like

Medicure Breaks Above 200-Day Moving Average - Bullish For MPH

CWL Crosses Above Key Moving Average Level

Financial 15 Split Corporation II (FFN) Shares Cross Above 200 DMA

Top 20 Dividend (TTY-UN) Shares Cross 7% Yield Mark

US Housing Recovery Fund Class A (USH-UN) Shares Cross 6% Yield Mark