MSI Makes Notable Cross Below Critical Moving Average

In trading on Monday, shares of Morneau Shepell Inc (TSX: MSI.TO) crossed below their 200 day moving average of $16.99, changing hands as low as $16.96 per share. Morneau Shepell Inc shares are currently trading down about 1.2% on the day. The chart below shows the one year performance of MSI shares, versus its 200 day moving average:

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Morneau Shepell Inc 200 Day Moving Average Chart

Looking at the chart above, MSI's low point in its 52 week range is $15.60 per share, with $18.18 as the 52 week high point — that compares with a last trade of $16.99.

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