TCAP Makes Notable Cross Below Critical Moving Average

In trading on Thursday, shares of Triangle Capital Corporation (TCAP) crossed below their 200 day moving average of $27.53, changing hands as low as $27.25 per share. Triangle Capital Corporation shares are currently trading down about 1.3% on the day. The chart below shows the one year performance of TCAP shares, versus its 200 day moving average:

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Triangle Capital Corporation 200 Day Moving Average Chart

Looking at the chart above, TCAP's low point in its 52 week range is $24.68 per share, with $30.42 as the 52 week high point — that compares with a last trade of $27.26.

According to the ETF Finder at ETF Channel, TCAP makes up 4.20% of the BDC Income ETF ( BIZD) which is trading lower by about 0.8% on the day Thursday.

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