JA Solar Holdings Breaks Above 200-Day Moving Average - Bullish for JASO

In trading on Tuesday, shares of JA Solar Holdings Co Ltd ( JASO) crossed above their 200 day moving average of $9.94, changing hands as high as $10.09 per share. JA Solar Holdings Co Ltd shares are currently trading up about 5.5% on the day. The chart below shows the one year performance of JASO shares, versus its 200 day moving average:

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JA Solar Holdings Co Ltd 200 Day Moving Average Chart

Looking at the chart above, JASO's low point in its 52 week range is $7.00 per share, with $13.14 as the 52 week high point — that compares with a last trade of $9.99.

According to the ETF Finder at ETF Channel, JASO makes up 2.62% of the Guggenheim Solar ETF ( TAN) which is trading up by about 1.5% on the day Tuesday.

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