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CYT Crosses Below Key Moving Average Level

By Market News Video Staff, Monday, May 23, 11:25 AM ET
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In trading on Monday, shares of Cytec Industries, Inc. (NYSE:CYT) crossed below their 200 day moving average of $53.01, changing hands as low as $52.88 per share. Cytec Industries, Inc. shares are currently trading down about 3.4% on the day. The chart below shows the one year performance of CYT shares, versus its 200 day moving average:

Cytec Industries, Inc. 200 Day Moving Average Chart

Looking at the chart above, CYT's low point in its 52 week range is $37.31 per share, with $61.42 as the 52 week high point — that compares with a last trade of $53.00.

According to the ETF Finder at ETF Channel, CYT makes up 1.96% of the First Trust Materials AlphaDEX Fund ETF (AMEX:FXZ) which is trading lower by about 1.7% on the day Monday.

     See what other ETFs contain CYT »
     See what other stocks are held by FXZ »

CYT operates in the Specialty Chemicals sector, among companies like Cabot Corp. (NYSE:CBT) which is down about 1.5% today, and Methanex Corp. (NASDAQ:MEOH) trading lower by about 2.8%. Below is a three month price history chart comparing the stock performance of CYT, versus CBT and MEOH.

CYT,CBT,MEOH Relative Performance Chart


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This Article's Word Cloud:   According   Below   Channel   Corp   Cytec   ETFs   First   Industries   Investment   MEOH   Materials   Monday   Moving   NYSE   Portfolio   about   allows   among   asset   average   below   bonds   chart   companies   completely   currently   designed   down   growth   hands   history   lower   moving   other   performance   point   portfolio   price   range   share   shares   short   stocks   terms   trading   versus   week   what   which   with
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