Corrections Corporation of America Breaks Above 200-Day Moving Average - Bullish for CXW

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In trading on Thursday, shares of Corrections Corporation of America (Symbol: CXW) crossed above their 200 day moving average of $33.58, changing hands as high as $33.63 per share. Corrections Corporation of America shares are currently trading up about 1.7% on the day. The chart below shows the one year performance of CXW shares, versus its 200 day moving average: Corrections Corporation of America 200 Day Moving Average Chart

Looking at the chart above, CXW's low point in its 52 week range is $30.37 per share, with $38.13 as the 52 week high point - that compares with a last trade of $33.54.

According to the ETF Finder at ETF Channel, CXW makes up 2.02% of the First Trust RBA Quality Income ETF (Symbol: QINC) which is trading relatively unchanged on the day Thursday.

Click here to find out which 9 other dividend stocks recently crossed above 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 , Options

Referenced Stocks: CXW , QINC

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