DQ Makes Notable Cross Below Critical Moving Average

In trading on Friday, shares of DAQO New Energy Corp (DQ) crossed below their 200 day moving average of $22.10, changing hands as low as $20.81 per share. DAQO New Energy Corp shares are currently trading off about 5.8% on the day. The chart below shows the one year performance of DQ shares, versus its 200 day moving average:

START SLIDESHOW:
Click here to find out which 9 other stocks recently crossed below their 200 day moving average »

DAQO New Energy Corp 200 Day Moving Average Chart

Looking at the chart above, DQ's low point in its 52 week range is $11.56 per share, with $27.60 as the 52 week high point — that compares with a last trade of $21.41.

According to the ETF Finder at ETF Channel, DQ makes up 3.76% of the PowerShares WilderHill Clean Energy Portfolio ETF ( PBW) which is trading relatively unchanged on the day Friday.

More from Stocks

6 Tech Stocks Hurting The Most From China Trade War Fears

6 Tech Stocks Hurting The Most From China Trade War Fears

Other Electric-Car Makers Can't Compete With Tesla's Battery Tech

Other Electric-Car Makers Can't Compete With Tesla's Battery Tech

3 Must Reads on the Market From TheStreet's Top Columnists

3 Must Reads on the Market From TheStreet's Top Columnists

Dow Tumbles as Trump Ratchets Up China Trade Fight

Dow Tumbles as Trump Ratchets Up China Trade Fight

10 Stocks Goldman Sachs Thinks Will Crush the S&P 500's Performance in 2019

10 Stocks Goldman Sachs Thinks Will Crush the S&P 500's Performance in 2019