Markets

CBRE Group Breaks Above 200-Day Moving Average - Bullish for CBG

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In trading on Monday, shares of CBRE Group Inc (Symbol: CBG) crossed above their 200 day moving average of $28.13, changing hands as high as $28.49 per share. CBRE Group Inc shares are currently trading up about 2.1% on the day. The chart below shows the one year performance of CBG shares, versus its 200 day moving average:

CBRE Group Inc 200 Day Moving Average Chart

Looking at the chart above, CBG's low point in its 52 week range is $22.74 per share, with $37.79 as the 52 week high point - that compares with a last trade of $28.20.

According to the ETF Finder at ETF Channel, CBG makes up 3.84% of the Guggenheim S&P 500 Equal Weight Real Estate ETF (Symbol: EWRE) which is trading lower by about 0.3% on the day Monday.

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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EWRE