SKYW Crosses Below Key Moving Average Level

SKYW Crosses Below Key Moving Average Level

In trading on Thursday, shares of SkyWest Inc. (Symbol: SKYW) crossed below their 200 day moving average of $35.60, changing hands as low as $34.15 per share. SkyWest Inc. shares are currently trading down about 5.4% on the day. The chart below shows the one year performance of SKYW shares, versus its 200 day moving average: SkyWest Inc. 200 Day Moving Average Chart

Looking at the chart above, SKYW’s low point in its 52 week range is $25.04 per share, with $39.85 as the 52 week high point – that compares with a last trade of $34.40. According to the ETF Finder at ETF Channel, SKYW makes up 2.14% of the SPDR S&P Transportation ETF (Symbol: XTN) which is trading lower by about 2.4% on the day Thursday.

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

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