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Monro Muffler Brake, Inc. is Now Oversold (MNRO)
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Bearish Two Hundred Day Moving Average Cross - MATW

By Market News Video Staff, Wednesday, July 27, 1:39 PM ET
Now Playing: Learn About The 200 DMA


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In trading on Wednesday, shares of Matthews International Corp (NASDAQ:MATW) crossed below their 200 day moving average of $36.27, changing hands as low as $35.93 per share. Matthews International Corp shares are currently trading off about 1.2% on the day. The chart below shows the one year performance of MATW shares, versus its 200 day moving average:

Matthews International Corp 200 Day Moving Average Chart

Looking at the chart above, MATW's low point in its 52 week range is $30.87 per share, with $41.08 as the 52 week high point — that compares with a last trade of $36.37.

MATW operates in the Consumer Services sector, among companies like Regis Corp. (NYSE:RGS) which is down about 0.5% today, and Monro Muffler Brake, Inc. (NASDAQ:MNRO) trading lower by about 1.1%. Below is a three month price history chart comparing the stock performance of MATW, versus RGS and MNRO.

MATW,RGS,MNRO Relative Performance Chart


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