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CBS Makes Bullish Cross Above Critical Moving Average

By Market News Video Staff, Friday, October 14, 11:35 AM ET
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In trading on Friday, shares of CBS Corp (NYSE:CBS) crossed above their 200 day moving average of $24.19, changing hands as high as $24.60 per share. CBS Corp shares are currently trading up about 0.4% on the day. The chart below shows the one year performance of CBS shares, versus its 200 day moving average:

CBS Corp 200 Day Moving Average Chart

Looking at the chart above, CBS's low point in its 52 week range is $15.99 per share, with $29.68 as the 52 week high point — that compares with a last trade of $23.57.

According to the ETF Finder at ETF Channel, CBS makes up 5.19% of the Dynamic Leisure and Entertainment Portfolio ETF (AMEX:PEJ) which is trading relatively unchanged on the day Friday.

     See what other ETFs contain CBS »
     See what other stocks are held by PEJ »

CBS operates in the Television & Radio sector, among companies like Telecom Italia SPA (NYSE:TI) which is up about 0.7% today, and Time Warner Cable Inc (NYSE:TWC) trading up by about 3.4%. Below is a three month price history chart comparing the stock performance of CBS, versus TI and TWC.

CBS,TI,TWC Relative Performance Chart


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