In trading on Friday, shares of TransAlta Corp (TSX: TA.TO) crossed below their 200 day moving average of $13.73, changing hands as low as $13.45 per share. TransAlta Corp shares are currently trading off about 5.6% on the day. The chart below shows the one year performance of TA shares, versus its 200 day moving average:

Looking at the chart above, TA’s low point in its 52 week range is $11.87 per share, with $15.28 as the 52 week high point — that compares with a last trade of $13.84.

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

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Source: Nasdaq


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