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Carlyle Group Breaks Above 200-Day Moving Average - Bullish for CG

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Shutterstock photo

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In trading on Wednesday, shares of Carlyle Group LP (Symbol: CG) crossed above their 200 day moving average of $16.03, changing hands as high as $16.05 per share. Carlyle Group LP shares are currently trading up about 2.9% on the day. The chart below shows the one year performance of CG shares, versus its 200 day moving average:

Carlyle Group LP 200 Day Moving Average Chart

Looking at the chart above, CG's low point in its 52 week range is $11.25 per share, with $17.97 as the 52 week high point - that compares with a last trade of $16.00.

According to the ETF Finder at ETF Channel, CG makes up 1.71% of the PowerShares Global Listed Private Equity Portfolio ETF (Symbol: PSP) which is trading higher by about 1.3% on the day Wednesday.

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 Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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