TGEM Makes Notable Cross Below Critical Moving Average
ETF Channel Staff - Wednesday, February 13, 3:53 PMIn trading on Wednesday, shares of the Telecom GEMS ETF (TGEM) crossed below their 200 day moving average of $19.86, changing hands as low as $19.73 per share. Telecom GEMS shares are currently trading down about 1.9% on the day. The chart below shows the one year performance of TGEM shares, versus its 200 day moving average:
Looking at the chart above, TGEM's low point in its 52 week range is $17.57 per share, with $21.06 as the 52 week high point — that compares with a last trade of $19.73.
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