RFP Makes Bullish Cross Above Critical Moving Average

In trading on Friday, shares of Resolute Forest Products Inc (RFP) crossed above their 200 day moving average of $17.04, changing hands as high as $17.11 per share. Resolute Forest Products Inc shares are currently trading up about 0.9% on the day. The chart below shows the one year performance of RFP shares, versus its 200 day moving average:

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Resolute Forest Products Inc 200 Day Moving Average Chart

Looking at the chart above, RFP's low point in its 52 week range is $12.36 per share, with $21.70 as the 52 week high point — that compares with a last trade of $17.06.

According to the ETF Finder at ETF Channel, RFP makes up 1.92% of the iShares Global Timber & Forestry ETF ( WOOD) which is trading higher by about 0.1% on the day Friday.

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