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Time Warner Inc (TWX) Shares Cross Below 200 DMA

By Market News Video Staff, Tuesday, August 2, 4:35 PM ET
Play Video: Learn About The 200 DMA

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In trading on Tuesday, shares of Time Warner Inc (NYSE:TWX) crossed below their 200 day moving average of $34.44, changing hands as low as $34.03 per share. Time Warner Inc shares are currently trading down about 2.2% on the day. The chart below shows the one year performance of TWX shares, versus its 200 day moving average:

Time Warner Inc 200 Day Moving Average Chart

Looking at the chart above, TWX's low point in its 52 week range is $29.21 per share, with $38.62 as the 52 week high point that compares with a last trade of $34.23.

TWX operates in the Entertainment sector, among companies like IMAX Corp. (NYSE:IMAX) which is off about 4.6% today, and DreamWorks Animation SKG Inc (NASDAQ:DWA) trading lower by about 3.7%. Below is a three month price history chart comparing the stock performance of TWX, versus IMAX and DWA.

TWX,IMAX,DWA Relative Performance Chart


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