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MeadWestvaco Corp. Breaks Below 200-Day Moving Average - Notable for MWV

By Dividend Channel Staff, Tuesday, October 23, 3:53 PM ET
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In trading on Tuesday, shares of MeadWestvaco Corp. (NYSE:MWV) crossed below their 200 day moving average of $29.57, changing hands as low as $29.44 per share. MeadWestvaco Corp. shares are currently trading off about 2.1% on the day. The chart below shows the one year performance of MWV shares, versus its 200 day moving average:

MeadWestvaco Corp. 200 Day Moving Average Chart

Looking at the chart above, MWV's low point in its 52 week range is $23.7462 per share, with $31.34 as the 52 week high point — that compares with a last trade of $29.75.

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According to the ETF Finder at ETF Channel, MWV makes up 4.68% of the Guggenheim Timber ETF (AMEX:CUT) which is trading lower by about 1.7% on the day Tuesday.

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