ADN Crosses Below Key Moving Average Level

In trading on Wednesday, shares of Acadian Timber Corp. (ADN.TO"> ADN.TO) crossed below their 200 day moving average of $13.70, changing hands as low as $13.65 per share. Acadian Timber Corp. shares are currently trading up about 0.4% on the day. The chart below shows the one year performance of ADN shares, versus its 200 day moving average:

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Acadian Timber Corp. 200 Day Moving Average Chart

Looking at the chart above, ADN's low point in its 52 week range is $11.10 per share, with $16.11 as the 52 week high point — that compares with a last trade of $13.84.