CBS Makes Notable Cross Below Critical Moving Average

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In trading on Monday, shares of CBS Corp (Symbol: CBS) crossed below their 200 day moving average of $60.58, changing hands as low as $60.53 per share. CBS Corp shares are currently trading off about 1.6% on the day. The chart below shows the one year performance of CBS shares, versus its 200 day moving average: CBS Corp 200 Day Moving Average Chart

Looking at the chart above, CBS's low point in its 52 week range is $50.51 per share, with $68.10 as the 52 week high point - that compares with a last trade of $60.47.

According to the ETF Finder at ETF Channel, CBS makes up 4.67% of the PowerShares Dynamic Media Portfolio ETF (Symbol: PBS) which is trading lower by about 0.2% on the day Monday.

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



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: CBS , PBS

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