CU Crosses Below Key Moving Average Level

In trading on Monday, shares of the First Trust ISE Global Copper Index Fund ETF ( CU) crossed below their 200 day moving average of $21.91, changing hands as low as $21.86 per share. First Trust ISE Global Copper Index Fund shares are currently trading off about 3.2% on the day. The chart below shows the one year performance of CU shares, versus its 200 day moving average:

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First Trust ISE Global Copper Index Fund 200 Day Moving Average Chart

Looking at the chart above, CU's low point in its 52 week range is $19.50 per share, with $27.87 as the 52 week high point — that compares with a last trade of $21.82.

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