LI Makes Notable Cross Below Critical Moving Average
In trading on Monday, shares of Li Auto Inc (Symbol: LI) crossed below their 200 day moving average of $28.09, changing hands as low as $27.01 per share. Li Auto Inc shares are currently trading off about 5.6% on the day. The chart below shows the one year performance of LI shares, versus its 200 day moving average:
Looking at the chart above, LI’s low point in its 52 week range is $15.98 per share, with $37.65 as the 52 week high point — that compares with a last trade of $27.54.
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