GSK Makes Bullish Cross Above Critical Moving Average

In trading on Tuesday, shares of GlaxoSmithKline plc (Symbol: GSK) crossed above their 200 day moving average of $41.27, changing hands as high as $41.43 per share. GlaxoSmithKline plc shares are currently trading up about 1.4% on the day. The chart below shows the one year performance of GSK shares, versus its 200 day moving average: GlaxoSmithKline plc 200 Day Moving Average Chart

Looking at the chart above, GSK’s low point in its 52 week range is $37.20 per share, with $45.58 as the 52 week high point – that compares with a last trade of $41.35.

According to the ETF Finder at ETF Channel, GSK makes up 4.89% of the Pharmaceutical ETF (Symbol: PPH) which is trading up by about 1% on the day Tuesday.

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

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