RDL Crosses Below Key Moving Average Level

In trading on Tuesday, shares of Redline Communications Group Inc (TSX: RDL.TO) crossed below their 200 day moving average of $3.02, changing hands as low as $3.01 per share. Redline Communications Group Inc shares are currently trading off about 1% on the day. The chart below shows the one year performance of RDL shares, versus its 200 day moving average:

Click here to find out which 9 other Canadian stocks recently crossed below their 200 day moving average »

Redline Communications Group Inc 200 Day Moving Average Chart

Looking at the chart above, RDL's low point in its 52 week range is $2.00 per share, with $5.30 as the 52 week high point — that compares with a last trade of $3.01.

If you liked this article you might like

Medicure Breaks Above 200-Day Moving Average - Bullish For MPH

CWL Crosses Above Key Moving Average Level

Financial 15 Split Corporation II (FFN) Shares Cross Above 200 DMA

Top 20 Dividend (TTY-UN) Shares Cross 7% Yield Mark

US Housing Recovery Fund Class A (USH-UN) Shares Cross 6% Yield Mark