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ABFS Makes Bearish Cross Below Critical Moving Average

By Market News Video Staff, Monday, April 25, 2:13 PM ET
Now Playing: Learn About The 200 DMA


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In trading on Monday, shares of Arkansas Best Corp. (NASDAQ:ABFS) crossed below their 200 day moving average of $24.44, changing hands as low as $22.30 per share. Arkansas Best Corp shares are currently trading off about 8.2% on the day. The chart below shows the one year performance of ABFS shares, versus its 200 day moving average:

Arkansas Best Corp. 200 Day Moving Average Chart

Looking at the chart above, ABFS's low point in its 52 week range is $18.84 per share, with $33.52 as the 52 week high point — that compares with a last trade of $23.26.

According to the ETF Finder at ETF Channel, ABFS makes up 1.29% of the SPDR S&P Transportation ETF (AMEX:XTN) which is trading relatively unchanged on the day Monday.

     See what other ETFs contain ABFS »
     See what other stocks are held by XTN »

ABFS operates in the Trucking sector, among companies like Frozen Food Express Industries, Inc. (NASDAQ:FFEX) which is down about 0.2% today, and YRC Worldwide Inc (NASDAQ:YRCW) trading lower by about 5.5%. Below is a three month price history chart comparing the stock performance of ABFS, versus FFEX and YRCW.

ABFS,FFEX,YRCW Relative Performance Chart


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This Article's Word Cloud:   ABFS   According   Arkansas   Below   Best   Channel   Corp   Express   FFEX   Food   Frozen   Monday   Moving   NASDAQ   Portfolio   YRCW   about   allows   asset   average   below   chart   companies   completely   currently   designed   growth   hands   history   mdash   moving   nbsp   other   performance   point   portfolio   price   range   raquo   share   shares   stocks   terms   trading   unchanged   versus   week   what   which   with
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