Costco Makes Bullish Cross Above Critical Moving Average

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In trading on Thursday, shares of Costco Wholesale Corp (Symbol: COST) crossed above their 200 day moving average of $116.29, changing hands as high as $116.59 per share. Costco Wholesale Corp shares are currently trading up about 0.4% on the day. The chart below shows the one year performance of COST shares, versus its 200 day moving average: Costco Wholesale Corp 200 Day Moving Average Chart

Looking at the chart above, COST's low point in its 52 week range is $109.50 per share, with $126.12 as the 52 week high point - that compares with a last trade of $116.24.

According to the ETF Finder at ETF Channel, COST makes up 5.09% of the PowerShares Dynamic Retail Portfolio ETF (Symbol: PMR) which is trading up by about 0.8% on the day Thursday.

Click here to find out which 9 other 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 , Investing Ideas

Referenced Stocks: COST , PMR

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As of 5/4/2015, 04:15 PM


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