Bullish Two Hundred Day Moving Average Cross - ARCO

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In trading on Tuesday, shares of Arcos Dorados Holdings Inc (Symbol: ARCO) crossed above their 200 day moving average of $10.52, changing hands as high as $10.54 per share. Arcos Dorados Holdings Inc shares are currently trading up about 1% on the day. The chart below shows the one year performance of ARCO shares, versus its 200 day moving average: Arcos Dorados Holdings Inc 200 Day Moving Average Chart

Looking at the chart above, ARCO's low point in its 52 week range is $8.26 per share, with $14.35 as the 52 week high point - that compares with a last trade of $10.48.

According to the ETF Finder at ETF Channel, ARCO makes up 4.55% of the FTSE Argentina 20 ETF (Symbol: ARGT) which is trading up by about 1.2% on the day Tuesday.

Click here to find out which 9 other stocks recently crossed above their 200 day moving average ยป



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: Investing , Investing Ideas

Referenced Stocks: ARCO , ARGT

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