SSRI Makes Bullish Cross Above Critical Moving Average

In trading on Wednesday, shares of Silver Standard Resources, Inc. ( SSRI) crossed above their 200 day moving average of $6.07, changing hands as high as $6.47 per share. Silver Standard Resources, Inc. shares are currently trading up about 16.8% on the day. The chart below shows the one year performance of SSRI shares, versus its 200 day moving average:

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Silver Standard Resources, Inc. 200 Day Moving Average Chart

Looking at the chart above, SSRI's low point in its 52 week range is $3.92 per share, with $10.11 as the 52 week high point — that compares with a last trade of $6.37.

According to the ETF Finder at ETF Channel, SSRI makes up 2.24% of the Junior Gold Miners ETF ( GDXJ) which is trading higher by about 3% on the day Wednesday.

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