Standard Pacific Breaks Above 200-Day Moving Average - Bullish for SPF

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In trading on Tuesday, shares of Standard Pacific Corp. (Symbol: SPF) crossed above their 200 day moving average of $8.24, changing hands as high as $8.37 per share. Standard Pacific Corp. shares are currently trading up about 1.7% on the day. The chart below shows the one year performance of SPF shares, versus its 200 day moving average: Standard Pacific Corp. 200 Day Moving Average Chart

Looking at the chart above, SPF's low point in its 52 week range is $7.03 per share, with $9.20 as the 52 week high point - that compares with a last trade of $8.29.

According to the ETF Finder at ETF Channel, SPF makes up 3.30% of the SPDR S&P Homebuilders ETF (Symbol: XHB) which is trading higher by about 1.7% on the day Tuesday.

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: SPF , XHB

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