Navient Breaks Above 200-Day Moving Average - Bullish for NAVI

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In trading on Tuesday, shares of Navient Corp (Symbol: NAVI) crossed above their 200 day moving average of $13.53, changing hands as high as $13.71 per share. Navient Corp shares are currently trading up about 2% on the day. The chart below shows the one year performance of NAVI shares, versus its 200 day moving average: Navient Corp 200 Day Moving Average Chart

Looking at the chart above, NAVI's low point in its 52 week range is $11.481 per share, with $16.97 as the 52 week high point - that compares with a last trade of $13.69.

According to the ETF Finder at ETF Channel, NAVI makes up 1.49% of the PowerShares S&P 500 Equal Weight Financials Portfolio ETF (Symbol: RYF) which is trading higher by about 0.9% on the day Tuesday.

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 Nasdaq, Inc.

This article appears in: Investing , Options
Referenced Symbols: NAVI , RYF

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