SEA Makes Notable Cross Below Critical Moving Average

In trading on Thursday, shares of the Guggenheim Shipping ETF (SEA) crossed below their 200 day moving average of $19.87, changing hands as low as $19.70 per share. Guggenheim Shipping shares are currently trading off about 1.6% on the day. The chart below shows the one year performance of SEA shares, versus its 200 day moving average:

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Guggenheim Shipping 200 Day Moving Average Chart

Looking at the chart above, SEA's low point in its 52 week range is $17.45 per share, with $23.32 as the 52 week high point — that compares with a last trade of $19.71.

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