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RECN Makes Bullish Cross Above Critical Moving Average

By Market News Video Staff, Thursday, November 8, 1:37 PM ET
Play Video: Learn About The 200 DMA

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In trading on Thursday, shares of Resources Connection Inc (NASDAQ:RECN) crossed above their 200 day moving average of $12.48, changing hands as high as $12.54 per share. Resources Connection Inc shares are currently trading off about 0.1% on the day. The chart below shows the one year performance of RECN shares, versus its 200 day moving average:

Resources Connection Inc 200 Day Moving Average Chart

Looking at the chart above, RECN's low point in its 52 week range is $9.02 per share, with $14.49 as the 52 week high point that compares with a last trade of $12.09.

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RECN makes up 1.37% of the Dynamic Industrials Sector Portfolio ETF (AMEX:PRN)

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