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IHG Makes Bearish Cross Below Critical Moving Average

By Market News Video Staff, Tuesday, July 12, 2:43 PM ET
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In trading on Tuesday, shares of InterContinental Hotels Group Plc (NYSE:IHG) crossed below their 200 day moving average of $20.24, changing hands as low as $20.04 per share. InterContinental Hotels Group Plc shares are currently trading off about 1.2% on the day. The chart below shows the one year performance of IHG shares, versus its 200 day moving average:

InterContinental Hotels Group Plc 200 Day Moving Average Chart

Looking at the chart above, IHG's low point in its 52 week range is $15.07 per share, with $23.48 as the 52 week high point — that compares with a last trade of $20.14.

IHG operates in the Hotels, Lodging, Restaurants & Travel sector, among companies like Marriott International, Inc. (NYSE:MAR) which is up about 0.2% today, and Wynn Resorts Ltd (NASDAQ:WYNN) trading up by about 0.5%. Below is a three month price history chart comparing the stock performance of IHG, versus MAR and WYNN.

IHG,MAR,WYNN Relative Performance Chart


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This Article's Word Cloud:   Average   Below   Group   Hotels   InterContinental   Investment   Marriott   Moving   NYSE   Portfolio   Resorts   WYNN   about   above   allows   among   asset   average   below   bonds   chart   classes   companies   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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