TCPC Makes Notable Cross Below Critical Moving Average

In trading on Wednesday, shares of TCP Capital Corp. (TCPC) crossed below their 200 day moving average of $17.04, changing hands as low as $17.00 per share. TCP Capital Corp. shares are currently trading off about 1% on the day. The chart below shows the one year performance of TCPC shares, versus its 200 day moving average:

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TCP Capital Corp. 200 Day Moving Average Chart

Looking at the chart above, TCPC's low point in its 52 week range is $14.87 per share, with $18.55 as the 52 week high point — that compares with a last trade of $17.00.

According to the ETF Finder at ETF Channel, TCPC makes up 3.23% of the BDC Income ETF ( BIZD) which is trading higher by about 0.5% on the day Wednesday.

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