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BFR Makes Bullish Cross Above Critical Moving Average

By Market News Video Staff, Tuesday, December 4, 10:54 AM ET
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In trading on Tuesday, shares of BBVA Banco Frances S.A. (NYSE:BFR) crossed above their 200 day moving average of $4.31, changing hands as high as $4.35 per share. BBVA Banco Frances S.A. shares are currently trading up about 3.3% on the day. The chart below shows the one year performance of BFR shares, versus its 200 day moving average:

BBVA Banco Frances S.A.  200 Day Moving Average Chart

Looking at the chart above, BFR's low point in its 52 week range is $3.05 per share, with $6.72 as the 52 week high point — that compares with a last trade of $4.34.


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According to the ETF Finder at ETF Channel, BFR makes up 2.08% of the FTSE Argentina 20 ETF (AMEX:ARGT) which is trading higher by about 1.1% on the day Tuesday.

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