Stornoway Diamond Breaks Above 200-Day Moving Average - Bullish for SWY

In trading on Monday, shares of Stornoway Diamond Corp (TSX: SWY.TO) crossed above their 200 day moving average of $1.05, changing hands as high as $1.07 per share. Stornoway Diamond Corp shares are currently trading up about 2.9% on the day. The chart below shows the one year performance of SWY shares, versus its 200 day moving average:

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Stornoway Diamond Corp 200 Day Moving Average Chart

Looking at the chart above, SWY's low point in its 52 week range is $0.66 per share, with $1.33 as the 52 week high point — that compares with a last trade of $1.06.

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