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Global X Copper Miners Breaks Above 200-Day Moving Average – Bullish for COPX

In trading on Wednesday, shares of the Global X Copper Miners ETF (Symbol: COPX) crossed above their 200 day moving average of $76.97, changing hands as high as $78.50 per share. Global X Copper Miners shares are currently trading up about 1.7% on the day. The chart below shows the one year performance of COPX shares, versus its 200 day moving average:

Global X Copper Miners 200 Day Moving Average Chart

Looking at the chart above, COPX’s low point in its 52 week range is $41.95 per share, with $99.99 as the 52 week high point — that compares with a last trade of $76.79.

Click here to find out which 9 other ETFs recently crossed above their 200 day moving average »

Further COPX Research:

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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