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WY Makes Bullish Cross Above Critical Moving Average

Posted
3/21/2014 11:11:00 AM
By: BNK Invest
Referenced Stocks:WY;WOOD

In trading on Friday, shares of Weyerhaeuser Co. (Symbol: WY) crossed above their 200 day moving average of $29.33, changing hands as high as $29.58 per share. Weyerhaeuser Co. shares are currently trading up about 0.9% on the day. The chart below shows the one year performance of WY shares, versus its 200 day moving average: Weyerhaeuser Co. 200 Day Moving Average Chart

Looking at the chart above, WY's low point in its 52 week range is $26.38 per share, with $33.24 as the 52 week high point - that compares with a last trade of $29.52.

According to the ETF Finder at ETF Channel, WY makes up 7.97% of the iShares Global Timber & Forestry ETF (Symbol: WOOD) which is trading up by about 0.5% on the day Friday.

Click here to find out which 9 other dividend stocks recently crossed above their 200 day moving average ยป