RLI Crosses Below Key Moving Average Level

In trading on Wednesday, shares of RLI Corp. (RLI) crossed below their 200 day moving average of $44.24, changing hands as low as $43.73 per share. RLI Corp. shares are currently trading down about 1.2% on the day. The chart below shows the one year performance of RLI shares, versus its 200 day moving average:

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RLI Corp. 200 Day Moving Average Chart

Looking at the chart above, RLI's low point in its 52 week range is $36.53 per share, with $52.57 as the 52 week high point — that compares with a last trade of $43.86.

According to the ETF Finder at ETF Channel, RLI makes up 2.00% of the SPDR Russell 2000Low Volatility ETF ( SMLV) which is trading lower by about 1.2% on the day Wednesday.

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