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WellCare Health Plans Inc Breaks Below 200-Day Moving Average - Bearish for WCG

By Market News Video Staff, Monday, August 22, 4:20 PM ET
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In trading on Monday, shares of WellCare Health Plans Inc (NYSE:WCG) crossed below their 200 day moving average of $39.59, changing hands as low as $39.58 per share. WellCare Health Plans Inc shares are currently trading off about 0.8% on the day. The chart below shows the one year performance of WCG shares, versus its 200 day moving average:

WellCare Health Plans Inc 200 Day Moving Average Chart

Looking at the chart above, WCG's low point in its 52 week range is $24.30 per share, with $55.75 as the 52 week high point — that compares with a last trade of $40.13.

According to the ETF Finder at ETF Channel, WCG makes up 1.37% of the Dynamic Healthcare Sector Portfolio ETF (AMEX:PTH) which is trading lower by about 0.1% on the day Monday.

     See what other ETFs contain WCG »
     See what other stocks are held by PTH »

WCG operates in the Hospital & Medical Practitioners sector, among companies like HealthSouth Corp. (NYSE:HLS) which is down about 1% today, and Community Health Systems, Inc. (NYSE:CYH) trading lower by about 4.4%. Below is a three month price history chart comparing the stock performance of WCG, versus HLS and CYH.

WCG,HLS,CYH Relative Performance Chart


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This Article's Word Cloud:   AMEX   Average   Below   Channel   Dynamic   ETFs   Finder   Free   Health   HealthSouth   Healthcare   Monday   Moving   NYSE   Plans   Portfolio   Practitioners   WellCare   about   among   asset   average   below   cash   chart   companies   currently   designed   growth   hands   history   lower   moving   operates   other   performance   point   portfolio   share   shares   slideshow   stocks   there   trading   versus   week   what   which   with   year
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