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Bullish Two Hundred Day Moving Average Cross - SKS

By Market News Video Staff, Tuesday, June 21, 11:18 AM ET
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In trading on Tuesday, shares of Saks, Inc. (SKS) crossed above their 200 day moving average of $11.04, changing hands as high as $11.11 per share. Saks, Inc. shares are currently trading up about 2.4% on the day. The chart below shows the one year performance of SKS shares, versus its 200 day moving average:

Saks, Inc. 200 Day Moving Average Chart

Looking at the chart above, SKS's low point in its 52 week range is $6.60 per share, with $12.97 as the 52 week high point that compares with a last trade of $11.11.

According to the ETF Finder at ETF Channel, SKS makes up 2.40% of the Rydex S&P MidCap 400 Pure Value ETF (AMEX:RFV) which is trading up by about 0.6% on the day Tuesday.

See what other ETFs contain SKS
See what other stocks are held by RFV

SKS operates in the Department Stores sector, among companies like Sears Holdings Corp (NASDAQ:SHLD) which is down about 2.2% today, and Genuine Parts Co. (NYSE:GPC) trading higher by about 1.1%. Below is a three month price history chart comparing the stock performance of SKS, versus SHLD and GPC.

SKS,SHLD,GPC Relative Performance Chart


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