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Dycom Industries, Inc. Breaks Below 200-Day Moving Average - Bearish for DY

By Market News Video Staff, Thursday, September 22, 4:06 PM ET
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In trading on Thursday, shares of Dycom Industries, Inc. (NYSE:DY) crossed below their 200 day moving average of $15.84, changing hands as low as $15.79 per share. Dycom Industries, Inc. shares are currently trading off about 8.4% on the day. The chart below shows the one year performance of DY shares, versus its 200 day moving average:

Dycom Industries, Inc. 200 Day Moving Average Chart

Looking at the chart above, DY's low point in its 52 week range is $7.30 per share, with $18.78 as the 52 week high point — that compares with a last trade of $15.00.

According to the ETF Finder at ETF Channel, DY makes up 1.15% of the Rydex S&P SmallCap 600 Pure Value ETF (AMEX:RZV) which is trading lower by about 5.7% on the day Thursday.

     See what other ETFs contain DY »
     See what other stocks are held by RZV »

DY operates in the Construction sector, among companies like Greenbrier Companies Inc (NYSE:GBX) which is down about 6.7% today, and Wabash National Corp. (NYSE:WNC) trading lower by about 5.6%. Below is a three month price history chart comparing the stock performance of DY, versus GBX and WNC.

DY,GBX,WNC Relative Performance Chart


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