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WCG Makes Bearish Cross Below Critical Moving Average

By Market News Video Staff, Wednesday, September 21, 4:26 PM ET
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In trading on Wednesday, shares of WellCare Health Plans Inc (NYSE:WCG) crossed below their 200 day moving average of $41.19, changing hands as low as $40.79 per share. WellCare Health Plans Inc shares are currently trading down about 5.7% 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 $27.33 per share, with $55.75 as the 52 week high point — that compares with a last trade of $40.86.

According to the ETF Finder at ETF Channel, WCG makes up 1.35% of the Dynamic Healthcare Sector Portfolio ETF (AMEX:PTH) which is trading lower by about 2.7% on the day Wednesday.

     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 Lifepoint Hospitals Inc (NASDAQ:LPNT) which is down about 0.7% today, and Health Management Associates, Inc. (NYSE:HMA) trading lower by about 4%. Below is a three month price history chart comparing the stock performance of WCG, versus LPNT and HMA.

WCG,LPNT,HMA Relative Performance Chart


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