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SVU Makes Notable Cross Below Critical Moving Average

By Market News Video Staff, Thursday, September 8, 11:01 AM ET
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In trading on Thursday, shares of SUPERVALU Inc. (NYSE:SVU) crossed below their 200 day moving average of $5.29, changing hands as low as $4.92 per share. SUPERVALU Inc. shares are currently trading off about 7.5% on the day. The chart below shows the one year performance of SVU shares, versus its 200 day moving average:

SUPERVALU Inc. 200 Day Moving Average Chart

Looking at the chart above, SVU's low point in its 52 week range is $3.94 per share, with $8.54 as the 52 week high point that compares with a last trade of $5.06.


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SVU makes up 2.64% of the PowerShares Dynamic Retail Portfolio ETF (AMEX:PMR)


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