HomeMost PopularCGCP Surges Past 200-Day Moving Average, Signals Bullish Momentum

CGCP Surges Past 200-Day Moving Average, Signals Bullish Momentum

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CGCP ETF Surpasses Key 200-Day Moving Average

Positive Movement for CGCP Shares in Monday’s Trading

In trading on Monday, shares of the CGCP ETF (Symbol: CGCP) surpassed their 200-day moving average of $22.52, reaching as high as $22.55 per share. Currently, CGCP shares have risen approximately 0.7% for the day. The chart below illustrates the one-year performance of CGCP shares in relation to its 200-day moving average:

CGCP 200 Day Moving Average Chart

Referring to the chart above, the lowest point in CGCP’s 52-week range is $21.82 per share, while the highest point is $23.3367. This is noteworthy compared to the last recorded trading price of $22.56.

nslideshow Click here to discover which 9 other ETFs have recently crossed above their 200-day moving average »

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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