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Bearish Two Hundred Day Moving Average Cross - CELL

By Market News Video Staff, Wednesday, May 11, 11:54 AM ET
Now Playing: Learn About The 200 DMA


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In trading on Wednesday, shares of Brightpoint Inc (NASDAQ:CELL) crossed below their 200 day moving average of $9.01, changing hands as low as $8.86 per share. Brightpoint Inc shares are currently trading off about 0.1% on the day. The chart below shows the one year performance of CELL shares, versus its 200 day moving average:

Brightpoint Inc 200 Day Moving Average Chart

Looking at the chart above, CELL's low point in its 52 week range is $5.85 per share, with $13.22 as the 52 week high point — that compares with a last trade of $9.04.

CELL operates in the Electronic Equipment & Products sector, among companies like Anixter International Inc (NYSE:AXE) which is off about 0.6% today, and Acuity Brands Inc (NYSE:AYI) trading higher by about 1.2%. Below is a three month price history chart comparing the stock performance of CELL, versus AXE and AYI.

CELL,AXE,AYI Relative Performance Chart


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This Article's Word Cloud:   Acuity   Anixter   Average   Below   Brands   Brightpoint   CELL   Investment   Moving   NYSE   Portfolio   Wednesday   about   above   allows   among   asset   average   below   bonds   chart   classes   companies   completely   countries   currently   designed   growth   hands   history   leads   mdash   moving   operates   performance   point   portfolio   price   range   raquo   share   shares   short   stocks   terms   trading   versus   week   with   year
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