CBS Breaks Above 200-Day Moving Average - Bullish for CBS
In trading on Tuesday, shares of CBS Corp (Symbol: CBS) crossed above their 200 day moving average of $52.32, changing hands as high as $52.34 per share. CBS Corp shares are currently trading up about 1% on the day. The chart below shows the one year performance of CBS shares, versus its 200 day moving average:
Looking at the chart above, CBS's low point in its 52 week range is $41.38 per share, with $59.59 as the 52 week high point - that compares with a last trade of $52.24.
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