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CIT Crosses Below Key Moving Average LevelBy Dividend Channel Staff, Wednesday, October 27, 4:15 PM ETIn trading on Wednesday, shares of CIT Group Inc (CIT) crossed below their 200 day moving average of $50.15, changing hands as low as $49.78 per share. CIT Group Inc shares are currently trading down about 3.7% on the day. The chart below shows the one year performance of CIT shares, versus its 200 day moving average:
Looking at the chart above, CIT's low point in its 52 week range is $27.19 per share, with $56.615 as the 52 week high point — that compares with a last trade of $49.67. Can your brain be trained to become a chart-predicting wizard? Click here to find out
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