WEN Crosses Below Key Moving Average Level

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In trading on Monday, shares of Wendy's Co (Symbol: WEN) crossed below their 200 day moving average of $8.40, changing hands as low as $8.34 per share. Wendy's Co shares are currently trading down about 1.6% on the day. The chart below shows the one year performance of WEN shares, versus its 200 day moving average: Wendy's Co 200 Day Moving Average Chart

Looking at the chart above, WEN's low point in its 52 week range is $5.28 per share, with $10.27 as the 52 week high point - that compares with a last trade of $8.37.

According to the ETF Finder at ETF Channel, WEN makes up 2.62% of the PowerShares Dynamic Leisure and Entertainment Portfolio ETF (Symbol: PEJ) which is trading up by about 0.7% on the day Monday.

Click here to find out which 9 other dividend 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: WEN , PEJ

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As of 8/21/2014, 04:03 PM

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