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Silver Standard Resources, Inc. Breaks Below 200-Day Moving Average - Bearish for SSRI

By Market News Video Staff, Thursday, July 28, 12:01 PM ET
Play Video: Learn About The 200 DMA


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In trading on Thursday, shares of Silver Standard Resources, Inc. (SSRI) crossed below their 200 day moving average of $27.31, changing hands as low as $27.19 per share. Silver Standard Resources, Inc. shares are currently trading off about 1.8% on the day. The chart below shows the one year performance of SSRI shares, versus its 200 day moving average:

Silver Standard Resources, Inc. 200 Day Moving Average Chart

Looking at the chart above, SSRI's low point in its 52 week range is $15.66 per share, with $35.94 as the 52 week high point that compares with a last trade of $27.56.

According to the ETF Finder at ETF Channel, SSRI makes up 4.37% of the Junior Gold Miners ETF (AMEX:GDXJ) which is trading lower by about 2% on the day Thursday.

See what other ETFs contain SSRI
See what other stocks are held by GDXJ

SSRI operates in the Precious Metals sector, among companies like Kimber Resources Inc (KBX) which is up about 0.5% today, and Anooraq Resources Corp. (ANO) trading lower by about 5%. Below is a three month price history chart comparing the stock performance of SSRI, versus KBX and ANO.

SSRI,KBX,ANO Relative Performance Chart


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Silver Standard Resources, Inc. Breaks Below 200-Day Moving Average - Bearish for SSRI | Market News Video | Copyright © 2008 - 2018, All Rights Reserved

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