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ZIM Stock Dips Below Critical Moving Average Threshold

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ZIM Integrated Shipping Shares Dip Below Key Moving Average

Stock Performance Takes a Hit Amid Trading Volatility

In trading on Tuesday, ZIM Integrated Shipping Services Ltd (Symbol: ZIM) saw its shares fall below the critical 200-day moving average of $18.32. The stock traded as low as $18.16 per share, representing a decline of approximately 6.2% on the day. The chart below illustrates the one-year performance of ZIM shares compared to their 200-day moving average:

ZIM Integrated Shipping Services Ltd 200 Day Moving Average Chart

An analysis of the chart reveals that ZIM’s 52-week low is $9.08 per share, while the high is $30.15. Currently, the last recorded trade price stands at $18.34.

nslideshow Click here to see which 9 other stocks have recently dipped below their 200-day moving average »

Additional Resources:

• Institutional Holders of LCDS
• FSBW Stock Predictions
• ETFs Holding HMN

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

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