Commonwealth Bank of Australia (OTCMKTS:CBAUF) Stock Crosses Below Two Hundred Day Moving Average – Time to Sell?

Commonwealth Bank of Australia (OTCMKTS:CBAUFGet Free Report) shares passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $108.38 and traded as low as $100.23. Commonwealth Bank of Australia shares last traded at $100.23, with a volume of 1,938 shares trading hands.

Commonwealth Bank of Australia Price Performance

The company’s fifty day simple moving average is $103.54 and its 200 day simple moving average is $108.26.

Commonwealth Bank of Australia Company Profile

(Get Free Report)

Commonwealth Bank of Australia (OTCMKTS:CBAUF) is a diversified financial services group headquartered in Sydney, Australia. Established by the Australian government in 1911, it has grown into one of the country’s largest banking institutions. The bank maintains a dual listing, primarily trading on the Australian Securities Exchange, with its American Depositary Receipts available over?the?counter in the United States under the ticker CBAUF.

The bank’s core activities span retail, business and institutional banking, alongside wealth management and insurance services.

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