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Torchmark Corp. Breaks Below 200-Day Moving Average - Bearish for TMK

By Market News Video Staff, Thursday, June 23, 11:49 AM ET
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In trading on Thursday, shares of Torchmark Corp. (NYSE:TMK) crossed below their 200 day moving average of $61.55, changing hands as low as $61.39 per share. Torchmark Corp. shares are currently trading off about 1.1% on the day. The chart below shows the one year performance of TMK shares, versus its 200 day moving average:

Torchmark Corp. 200 Day Moving Average Chart

Looking at the chart above, TMK's low point in its 52 week range is $47.30 per share, with $68.06 as the 52 week high point — that compares with a last trade of $62.08.

TMK makes up 2.71% of the Dynamic Insurance Portfolio ETF (AMEX:PIC)

TMK operates in the Life & Health Insurance sector, among companies like ING Groep N.V. (NYSE:ING) which is down about 4.5% today, and ING Groep N.V. (NYSE:ISG) trading lower by about 1.5%. Below is a three month price history chart comparing the stock performance of TMK, versus ING and ISG.

TMK,ING,ISG Relative Performance Chart


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This Article's Word Cloud:   AMEX   Average   Below   Corp   Groep   Insurance   Investment   Moving   NYSE   Portfolio   Torchmark   about   above   allows   among   asset   average   below   bonds   chart   classes   companies   complete   completely   countries   currently   designed   growth   hands   history   leads   moving   operates   performance   point   portfolio   price   program   range   raquo   share   shares   short   stocks   terms   trading   versus   week   with   year
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