CEA Crosses Below Key Moving Average Level

Date:2011-08-19     Source:yujiequlina  Text Size:

In trading on Thursday, shares of China Eastern Airlines Corp., Ltd. (NYSE:CEA) crossed below their 200 day moving average of $23.47, changing hands as low as $22.50 per share. China Eastern Airlines Corp., Ltd. shares are currently trading down about 5.8% on the day. The chart below shows the one year performance of CEA shares, versus its 200 day moving average:

 

Looking at the chart above, CEA's low point in its 52 week range is $18.21 per share, with $34.58 as the 52 week high point — that compares with a last trade of $22.61.

According to the ETF Finder at ETF Channel, CEA makes up 2.46% of the Golden Dragon Halter USX China Portfolio ETF (AMEX:PGJ) which is trading lower by about 4.7% on the day Thursday.

     See what other ETFs contain CEA »
     See what other stocks are held by PGJ »

CEA operates in the Airlines sector, among companies like United Parcel Service Inc (NYSE:UPS) which is off about 3.7% today, and FedEx Corp (NYSE:FDX) trading lower by about 5.3%. Below is a three month price history chart comparing the stock performance of CEA, versus UPS and FDX.

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