RS Makes Notable Cross Below Critical Moving Average

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In buying and selling on Friday, shares of Reliance Steel & Aluminum Co. (Symbol: RS) crossed under their 200 day shifting common of $180.43, altering arms as little as $178.34 per share. Reliance Steel & Aluminum Co. shares are at present buying and selling off about 1.3% on the day. The chart under reveals the one yr efficiency of RS shares, versus its 200 day shifting common:


Looking on the chart above, RS’s low level in its 52 week vary is $141.50 per share, with $211.655 because the 52 week excessive level — that compares with a final trade of $179.60.

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

The views and opinions expressed herein are the views and opinions of the writer and don’t essentially mirror these of Nasdaq, Inc.



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