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Covanta Holding Breaks Below 200-Day Moving Average - Notable for CVA

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In trading on Wednesday, shares of Covanta Holding Corp (Symbol: CVA) crossed below their 200 day moving average of $21.64, changing hands as low as $21.47 per share. Covanta Holding Corp shares are currently trading down about 2.3% on the day. The chart below shows the one year performance of CVA shares, versus its 200 day moving average:

Covanta Holding Corp 200 Day Moving Average Chart

Looking at the chart above, CVA's low point in its 52 week range is $18.21 per share, with $25.345 as the 52 week high point - that compares with a last trade of $21.50.

According to the ETF Finder at ETF Channel, CVA makes up 4.51% of the iShares Global Clean Energy ETF (Symbol: ICLN) which is trading higher by about 1.4% on the day Wednesday.

Click here to find out which 9 other energy stocks recently crossed below 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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