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COLM Makes Bearish Cross Below Critical Moving Average

By Market News Video Staff, Friday, July 29, 2:02 PM ET
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In trading on Friday, shares of Columbia Sportswear Co. (NASDAQ:COLM) crossed below their 200 day moving average of $60.52, changing hands as low as $56.51 per share. Columbia Sportswear Co. shares are currently trading off about 6% on the day. The chart below shows the one year performance of COLM shares, versus its 200 day moving average:

Columbia Sportswear Co. 200 Day Moving Average Chart

Looking at the chart above, COLM's low point in its 52 week range is $46.08 per share, with $70.64 as the 52 week high point — that compares with a last trade of $57.88.

COLM operates in the Textiles & Apparel sector, among companies like R.G. Barry Corp. (NASDAQ:DFZ) which is up about 1% today, and Culp Inc. (NYSE:CFI) trading lower by about 12.4%. Below is a three month price history chart comparing the stock performance of COLM, versus DFZ and CFI.

COLM,DFZ,CFI Relative Performance Chart


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