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Temple-Inland Inc. Breaks Below 200-Day Moving Average - Bearish for TIN

By Market News Video Staff, Friday, June 3, 11:11 AM ET
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In trading on Friday, shares of Temple-Inland Inc. (TIN) crossed below their 200 day moving average of $21.66, changing hands as low as $21.56 per share. Temple-Inland Inc. shares are currently trading off about 1.4% on the day. The chart below shows the one year performance of TIN shares, versus its 200 day moving average:

Temple-Inland Inc. 200 Day Moving Average Chart

Looking at the chart above, TIN's low point in its 52 week range is $15.48 per share, with $26.21 as the 52 week high point — that compares with a last trade of $21.98.

According to the ETF Finder at ETF Channel, TIN makes up 3.39% of the iShares S&P Global Timber & Forestry Index Fund ETF (NASDAQ:WOOD) which is trading lower by about 1.1% on the day Friday.

     See what other ETFs contain TIN »
     See what other stocks are held by WOOD »

TIN operates in the Packaging & Containers sector, among companies like Shiner International Inc (NASDAQ:BEST) which is up about 1% today, and China Shengda Packaging Group Inc. (NASDAQ:CPGI) trading relatively unchanged. Below is a three month price history chart comparing the stock performance of TIN, versus BEST and CPGI.

TIN,BEST,CPGI Relative Performance Chart


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This Article's Word Cloud:   BEST   Below   CHANNEL   CPGI   Channel   China   FLEXIBLE   Friday   Group   Growth   Inland   NASDAQ   Packaging   Start   Temple   WOOD   about   above   anywhere   asset   average   below   chart   countries   crossed   designed   everywhere   flexibility   follow   high   iShares   moving   other   performance   point   portfolio   regions   relatively   share   shares   stock   stocks   their   today   trading   versus   week   what   which   with
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