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PKX Makes Bullish Cross Above Critical Moving Average

By Metals Channel Staff, Thursday, September 13, 3:56 PM ET
Play Video: Learn About The 200 DMA


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In trading on Thursday, shares of POSCO (NYSE:PKX) crossed above their 200 day moving average of $83.88, changing hands as high as $84.38 per share. POSCO shares are currently trading up about 2.2% on the day. The chart below shows the one year performance of PKX shares, versus its 200 day moving average:

POSCO  200 Day Moving Average Chart

Looking at the chart above, PKX's low point in its 52 week range is $70.47 per share, with $95.94 as the 52 week high point that compares with a last trade of $83.98.


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According to the ETF Finder at ETF Channel, PKX makes up 8.28% of the Steel ETF (AMEX:SLX) which is trading up by about 3.8% on the day Thursday.

See what other ETFs contain PKX
See what other stocks are held by SLX


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