In trading on Friday, Reliance Inc. (Symbol: RS) shares crossed the average of $ 288.95 due to their 200 days, changing the hands as $ 286.52 per share. Reliance Inc. shares are currently trading below about 1.1% a day. The chart below reflects one year performance of RS shares, vs. Its 200 days moving average:
Given the chart above, the low point of RS in its 52 -week range is $ 250.07 per share, as a high point of 52 weeks with $ 326.87 – which compares with the final trade of $ 288.26.
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Click here to find out that recently 9 other metal stocks have been crossed under its 200 days.
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The idea and opinion expressed here are the idea and opinion of the author and not necessarily Nasdac, Inc.
