Allegheny Technologies Breaks Below 200-Day Moving Average - Notable for ATI

In trading on Thursday, shares of Allegheny Technologies, Inc ( ATI) crossed below their 200 day moving average of $38.54, changing hands as low as $38.35 per share. Allegheny Technologies, Inc shares are currently trading off about 4.7% on the day. The chart below shows the one year performance of ATI shares, versus its 200 day moving average:

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Allegheny Technologies, Inc 200 Day Moving Average Chart

Looking at the chart above, ATI's low point in its 52 week range is $29.49 per share, with $46.32 as the 52 week high point — that compares with a last trade of $38.97.

According to the ETF Finder at ETF Channel, ATI makes up 4.18% of the Steel ETF ( SLX) which is trading lower by about 2.5% on the day Thursday.

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