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Bullish Two Hundred Day Moving Average Cross - CFI

By Market News Video Staff, Wednesday, July 20, 4:00 PM ET
Play Video: Learn About The 200 DMA


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In trading on Wednesday, shares of Culp Inc. (NYSE:CFI) crossed above their 200 day moving average of $9.77, changing hands as high as $9.80 per share. Culp Inc. shares are currently trading up about 1.4% on the day. The chart below shows the one year performance of CFI shares, versus its 200 day moving average:

Culp Inc. 200 Day Moving Average Chart

Looking at the chart above, CFI's low point in its 52 week range is $7.30 per share, with $11.59 as the 52 week high point that compares with a last trade of $9.66.

CFI operates in the Textiles & Apparel sector, among companies like Hanesbrands Inc (NYSE:HBI) which is down about 8.2% today, and Deckers Outdoor Corp. (NASDAQ:DECK) trading lower by about 0.2%. Below is a three month price history chart comparing the stock performance of CFI, versus HBI and DECK.

CFI,HBI,DECK Relative Performance Chart


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