Kandi Technologies Group Breaks Below 200-Day Moving Average - Notable for KNDI

In trading on Monday, shares of Kandi Technologies Group, Inc ( KNDI) crossed below their 200 day moving average of $14.40, changing hands as low as $14.23 per share. Kandi Technologies Group, Inc shares are currently trading off about 4.4% on the day. The chart below shows the one year performance of KNDI shares, versus its 200 day moving average:

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Kandi Technologies Group, Inc 200 Day Moving Average Chart

Looking at the chart above, KNDI's low point in its 52 week range is $5.75 per share, with $22.49 as the 52 week high point — that compares with a last trade of $14.35.

According to the ETF Finder at ETF Channel, KNDI makes up 2.07% of the PowerShares WilderHill Progressive Energy Portfolio ETF ( PUW) which is trading lower by about 1.3% on the day Monday.

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