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Telecom Italia SPA Breaks Above 200-Day Moving Average - Bullish for TI

By Market News Video Staff, Tuesday, June 7, 5:19 PM ET
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In trading on Tuesday, shares of Telecom Italia SPA (NYSE:TI) crossed above their 200 day moving average of $14.20, changing hands as high as $14.22 per share. Telecom Italia SPA shares are currently trading up about 1.7% on the day. The chart below shows the one year performance of TI shares, versus its 200 day moving average:

Telecom Italia SPA 200 Day Moving Average Chart

Looking at the chart above, TI's low point in its 52 week range is $10.46 per share, with $16.04 as the 52 week high point — that compares with a last trade of $14.11.

TI operates in the Television & Radio sector, among companies like Grupo Radio Centro S.A.B. de C.V. (RC) which is down about 1.4% today, and Voyager Oil & Gas Inc. (VOG) trading lower by about 4%. Below is a three month price history chart comparing the stock performance of TI, versus RC and VOG.

TI,RC,VOG Relative Performance Chart


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