Oversea-Chinese Banking (OTCMKTS:OVCHY) Share Price Passes Below 50 Day Moving Average – Should You Sell?

Oversea-Chinese Banking Co. Limited (OTCMKTS:OVCHYGet Free Report)’s share price crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $24.55 and traded as low as $24.50. Oversea-Chinese Banking shares last traded at $25.06, with a volume of 12,301 shares.

Oversea-Chinese Banking Price Performance

The stock’s 50-day simple moving average is $24.57 and its 200-day simple moving average is $23.29.

Oversea-Chinese Banking Company Profile

(Get Free Report)

Oversea-Chinese Banking Corporation Limited engages in the provision of financial services in Singapore, Malaysia, Indonesia, Greater China, rest of the Asia Pacific, and internationally. The company's Global Consumer/Private Banking segment provides products and services to individual customers, including checking accounts, and savings and fixed deposits; housing and other personal loans; credit cards; wealth management products consisting of unit trusts, banc assurance products, and structured deposits; and brokerage services.

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