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Chindata Group Holdings Breaks Above 200-Day Moving Average - Bullish for CD
By Market News Video Staff, Wednesday, June 23, 11:50 AM ET
In trading on Wednesday, shares of Chindata Group Holdings Ltd (CD) crossed above their 200 day moving average of $15.50, changing hands as high as $16.11 per share. Chindata Group Holdings Ltd shares are currently trading up about 9.1% on the day. The chart below shows the one year performance of CD shares, versus its 200 day moving average:
Looking at the chart above, CD's low point in its 52 week range is $12.66 per share, with $27.47 as the 52 week high point — that compares with a last trade of $15.85.
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