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SKX Crosses Below Key Moving Average Level

By Market News Video Staff, Monday, November 2, 4:06 PM ET
Play Video: Learn About The 200 DMA

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In trading on Monday, shares of Skechers USA Inc (NYSE:SKX) crossed below their 200 day moving average of $30.57, changing hands as low as $30.38 per share. Skechers USA Inc shares are currently trading off about 3.9% on the day. The chart below shows the one year performance of SKX shares, versus its 200 day moving average:

Skechers USA Inc 200 Day Moving Average Chart

Looking at the chart above, SKX's low point in its 52 week range is $17.06 per share, with $44.50 as the 52 week high point — that compares with a last trade of $30.49.

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