SIL Crosses Below Key Moving Average Level

In trading on Friday, shares of the Global X Silver Miners ETF (Symbol: SIL) crossed below their 200 day moving average of $84.03, changing hands as low as $78.83 per share. Global X Silver Miners shares are currently trading off about 10.8% on the day. The chart below shows the one year performance of SIL shares, versus its 200 day moving average: Looking at the chart above, SIL's low point in its 52 week range is $46.18 per share, with $119.24 as the 52 week high point — that compares with a last trade of $79.04.