DQ Makes Bullish Cross Above Critical Moving Average

In trading on Monday, shares of DAQO New Energy Corp (DQ) crossed above their 200 day moving average of $36.15, changing hands as high as $36.93 per share. DAQO New Energy Corp shares are currently trading up about 8.9% on the day. The chart below shows the one year performance of DQ shares, versus its 200 day moving average:

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DAQO New Energy Corp 200 Day Moving Average Chart

Looking at the chart above, DQ's low point in its 52 week range is $8.72 per share, with $56.98 as the 52 week high point — that compares with a last trade of $36.05.

According to the ETF Finder at ETF Channel, DQ makes up 2.57% of the PowerShares WilderHill Clean Energy Portfolio ETF ( PBW) which is trading up by about 1.7% on the day Monday.

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