SSW Crosses Below Key Moving Average Level

In trading on Monday, shares of Seaspan Corp (SSW) crossed below their 200 day moving average of $22.50, changing hands as low as $22.38 per share. Seaspan Corp shares are currently trading down about 1.4% on the day. The chart below shows the one year performance of SSW shares, versus its 200 day moving average:

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Seaspan Corp 200 Day Moving Average Chart

Looking at the chart above, SSW's low point in its 52 week range is $19.45 per share, with $25.10 as the 52 week high point — that compares with a last trade of $22.42.

According to the ETF Finder at ETF Channel, SSW makes up 2.88% of the Guggenheim Shipping ETF ( SEA) which is trading lower by about 0.8% on the day Monday.

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