TSL Crosses Below Key Moving Average Level

In trading on Monday, shares of Trina Solar Ltd (TSL) crossed below their 200 day moving average of $12.70, changing hands as low as $12.60 per share. Trina Solar Ltd shares are currently trading off about 7.3% on the day. The chart below shows the one year performance of TSL shares, versus its 200 day moving average:

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Trina Solar Ltd 200 Day Moving Average Chart

Looking at the chart above, TSL's low point in its 52 week range is $3.71 per share, with $18.77 as the 52 week high point — that compares with a last trade of $12.62.

According to the ETF Finder at ETF Channel, TSL makes up 3.64% of the Guggenheim Solar ETF ( TAN) which is trading lower by about 5.3% on the day Monday.

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