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Silgan Holdings Inc. Breaks Above 200-Day Moving Average - Bullish for SLGN

By Market News Video Staff, Thursday, October 27, 5:21 PM ET
Play Video: Learn About The 200 DMA

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In trading on Thursday, shares of Silgan Holdings Inc. (NASDAQ:SLGN) crossed above their 200 day moving average of $39.10, changing hands as high as $39.68 per share. Silgan Holdings Inc. shares are currently trading up about 2.3% on the day. The chart below shows the one year performance of SLGN shares, versus its 200 day moving average:

Silgan Holdings Inc. 200 Day Moving Average Chart

Looking at the chart above, SLGN's low point in its 52 week range is $32.45 per share, with $46.79 as the 52 week high point that compares with a last trade of $38.45.

According to the ETF Finder at ETF Channel, SLGN makes up 2.58% of the DWA Technical Leaders Portfolio ETF (AMEX:PDP) which is trading up by about 3.1% on the day Thursday.

See what other ETFs contain SLGN
See what other stocks are held by PDP

SLGN operates in the Metals Fabrication & Products sector, among companies like China Direct Industries, Inc. (CDII) which is up about 1.8% today, and China Ceramics Co., Ltd. (NASDAQ:CCCL) trading higher by about 2.4%. Below is a three month price history chart comparing the stock performance of SLGN, versus CDII and CCCL.

SLGN,CDII,CCCL Relative Performance Chart


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