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PX Crosses Above Key Moving Average Level

By Dividend Channel Staff, Monday, September 17, 10:57 AM ET
Play Video: Learn About The 200 DMA

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In trading on Monday, shares of Praxair, Inc. (NYSE:PX) crossed above their 200 day moving average of $108.14, changing hands as high as $108.22 per share. Praxair, Inc. shares are currently trading up about 0.2% on the day. The chart below shows the one year performance of PX shares, versus its 200 day moving average:

Praxair, Inc. 200 Day Moving Average Chart

Looking at the chart above, PX's low point in its 52 week range is $89.75 per share, with $116.93 as the 52 week high point that compares with a last trade of $108.03.

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According to the ETF Finder at ETF Channel, PX makes up 7.36% of the Materials Select Sector SPDR Fund ETF (AMEX:XLB) which is trading lower by about 1% on the day Monday.

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