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Bearish Two Hundred Day Moving Average Cross - ABM

By Market News Video Staff, Tuesday, May 3, 11:11 AM ET
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In trading on Tuesday, shares of ABM Industries, Inc. (NYSE:ABM) crossed below their 200 day moving average of $23.79, changing hands as low as $23.74 per share. ABM Industries, Inc. shares are currently trading down about 0.2% on the day. The chart below shows the one year performance of ABM shares, versus its 200 day moving average:

ABM Industries, Inc. 200 Day Moving Average Chart

Looking at the chart above, ABM's low point in its 52 week range is $18.56 per share, with $27.14 as the 52 week high point — that compares with a last trade of $23.82.

According to the ETF Finder at ETF Channel, ABM makes up 1.36% of the S&P SmallCap Industrials Portfolio ETF (NASDAQ:PSCI) which is trading lower by about 0.5% on the day Tuesday.

     See what other ETFs contain ABM »
     See what other stocks are held by PSCI »

ABM operates in the Waste Management sector, among companies like IESI-BFC Ltd. (NYSE:BIN) which is down about 0.2% today, and Waste Connections, Inc. (NYSE:WCN) trading lower by about 0.6%. Below is a three month price history chart comparing the stock performance of ABM, versus BIN and WCN.

ABM,BIN,WCN Relative Performance Chart


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