Ballard Power Systems Breaks Above 200-Day Moving Average - Bullish for BLD

In trading on Monday, shares of Ballard Power Systems (TSX: BLD.TO) crossed above their 200 day moving average of $2.82, changing hands as high as $3.06 per share. Ballard Power Systems shares are currently trading up about 9.9% on the day. The chart below shows the one year performance of BLD shares, versus its 200 day moving average:

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Ballard Power Systems 200 Day Moving Average Chart

Looking at the chart above, BLD's low point in its 52 week range is $1.72 per share, with $4.89 as the 52 week high point — that compares with a last trade of $2.87.

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