HomeMost PopularSignificant 200-Day Moving Average Crossover Analysis - NU

Significant 200-Day Moving Average Crossover Analysis – NU

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Nu Holdings Ltd Shares Decline Significantly, Dropping Below Key Moving Average

Stock Trading Update: NU Falls to $11.04, Down 16.5%

On Friday, shares of Nu Holdings Ltd (Symbol: NU) dropped below their 200-day moving average, which stands at $12.94. The stock was traded as low as $11.04 at one point during the day, resulting in a decline of approximately 16.5%. The chart below illustrates the performance of NU shares over the past year compared to its 200-day moving average:

Nu Holdings Ltd 200 Day Moving Average Chart

According to the chart, the lowest point for NU in its 52-week range was $9.67 per share, while the highest was $16.145. The most recent trade price sits at $11.21, reflecting a notable drop from earlier highs.

nslideshow Click here to find out which 9 other stocks recently crossed below 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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