Solium Capital Breaks Above 200-Day Moving Average - Bullish for SUM

In trading on Wednesday, shares of Solium Capital Inc (TSX: SUM.TO) crossed above their 200 day moving average of $7.44, changing hands as high as $7.46 per share. Solium Capital Inc shares are currently trading up about 0.8% on the day. The chart below shows the one year performance of SUM shares, versus its 200 day moving average:

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Solium Capital Inc 200 Day Moving Average Chart

Looking at the chart above, SUM's low point in its 52 week range is $6.13 per share, with $8.89 as the 52 week high point — that compares with a last trade of $7.45.

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