Critical Moving Average Crossed by MAG in Bullish Manner
In trading on Tuesday, shares of MAG Silver Corp (Symbol: MAG) crossed above their 200 day moving average of $11.59, changing hands as high as $11.77 per share. MAG Silver Corp shares are currently trading up about 3.8% on the day. The chart below shows the one year performance of MAG shares, versus its 200 day moving average:
Looking at the chart above, MAG’s low point in its 52 week range is $9.605 per share, with $17.02 as the 52 week high point — that compares with a last trade of $11.77.
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