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PETM Makes Bearish Cross Below Critical Moving Average

By Market News Video Staff, Monday, October 3, 11:22 AM ET
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In trading on Monday, shares of PETsMART, Inc. (NASDAQ:PETM) crossed below their 200 day moving average of $42.23, changing hands as low as $41.23 per share. PETsMART, Inc. shares are currently trading off about 1.9% on the day. The chart below shows the one year performance of PETM shares, versus its 200 day moving average:

PETsMART, Inc. 200 Day Moving Average Chart

Looking at the chart above, PETM's low point in its 52 week range is $34.44 per share, with $46.60 as the 52 week high point — that compares with a last trade of $41.74.

According to the ETF Finder at ETF Channel, PETM makes up 1.45% of the Dynamic Consumer Discretionary Sector Portfolio ETF (AMEX:PEZ) which is trading lower by about 3.3% on the day Monday.

     See what other ETFs contain PETM »
     See what other stocks are held by PEZ »

PETM operates in the Specialty Retail sector, among companies like Dick's Sporting Goods, Inc (NYSE:DKS) which is off about 1.7% today, and Ulta Salon Cosmetics & Fragrance Inc. (NASDAQ:ULTA) trading up by about 1.4%. Below is a three month price history chart comparing the stock performance of PETM, versus DKS and ULTA.

PETM,DKS,ULTA Relative Performance Chart


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This Article's Word Cloud:   AMEX   Average   Below   Channel   Consumer   Discretionary   Dynamic   ETFs   Finder   Fragrance   Free   GROWTH   INVESTMENT   Monday   NASDAQ   PETM   PETsMART   PORTFOLIO   Portfolio   Specialty   ULTA   about   among   asset   average   below   cash   chart   companies   designed   history   lower   moving   operates   other   performance   point   portfolio   share   shares   slideshow   stocks   there   trading   versus   week   what   which   with   year
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