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PDCO Makes Bearish Cross Below Critical Moving Average

By Market News Video Staff, Tuesday, July 26, 11:46 AM ET
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In trading on Tuesday, shares of Patterson Companies Inc (NASDAQ:PDCO) crossed below their 200 day moving average of $31.93, changing hands as low as $31.85 per share. Patterson Companies Inc shares are currently trading down about 1.4% on the day. The chart below shows the one year performance of PDCO shares, versus its 200 day moving average:

Patterson Companies Inc 200 Day Moving Average Chart

Looking at the chart above, PDCO's low point in its 52 week range is $24.88 per share, with $36.93 as the 52 week high point — that compares with a last trade of $32.02.

According to the ETF Finder at ETF Channel, PDCO makes up 1.98% of the Rydex S&P 500 Equal Weight Health Care ETF (AMEX:RYH) which is trading lower by about 0.7% on the day Tuesday.

     See what other ETFs contain PDCO »
     See what other stocks are held by RYH »

PDCO operates in the Drugs & Pharmaceuticals sector, among companies like Valeant Pharmaceuticals International Inc (NYSE:VRX) which is off about 1.2% today, and McKesson Corp. (NYSE:MCK) trading lower by about 0.3%. Below is a three month price history chart comparing the stock performance of PDCO, versus VRX and MCK.

PDCO,VRX,MCK Relative Performance Chart


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This Article's Word Cloud:   According   Average   Below   Channel   Companies   ETFs   Equal   Investment   Moving   NYSE   PDCO   Patterson   Pharmaceuticals   Portfolio   Tuesday   about   allows   among   asset   average   below   chart   companies   completely   currently   designed   growth   hands   history   lower   moving   operates   other   performance   point   portfolio   price   range   raquo   share   shares   short   stocks   terms   trading   versus   week   what   which   with
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