MTOR Makes Notable Cross Below Critical Moving Average

In trading on Thursday, shares of Meritor Inc (Symbol: MTOR) crossed below their 200 day moving average of $25.01, changing hands as low as $24.35 per share. Meritor Inc shares are currently trading down about 4.4% on the day. The chart below shows the one year performance of MTOR shares, versus its 200 day moving average:

Looking at the chart above, MTOR’s low point in its 52 week range is $20.50 per share, with $33.56 as the 52 week high point — that compares with a last trade of $24.30.

Click here to find out which 9 other 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.

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