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SLT Makes Bullish Cross Above Critical Moving Average

By Market News Video Staff, Thursday, July 21, 5:14 PM ET
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In trading on Thursday, shares of Sterlite Industries Ltd. (NYSE:SLT) crossed above their 200 day moving average of $15.20, changing hands as high as $15.25 per share. Sterlite Industries Ltd. shares are currently trading up about 1.1% on the day. The chart below shows the one year performance of SLT shares, versus its 200 day moving average:

Sterlite Industries Ltd. 200 Day Moving Average Chart

Looking at the chart above, SLT's low point in its 52 week range is $12.60 per share, with $17.39 as the 52 week high point — that compares with a last trade of $15.19.

According to the ETF Finder at ETF Channel, SLT makes up 8.09% of the EGShares Emerging Markets Energy ETF (AMEX:EMT) which is trading higher by about 1.2% on the day Thursday.

     See what other ETFs contain SLT »
     See what other stocks are held by EMT »

SLT operates in the Non-Precious Metals & Non-Metallic Mining sector, among companies like Titanium Metals Corp. (TIE) which is up about 2.2% today, and Steel Dynamics Inc. (NASDAQ:STLD) trading higher by about 3.1%. Below is a three month price history chart comparing the stock performance of SLT, versus TIE and STLD.

SLT,TIE,STLD Relative Performance Chart


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