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RTN Makes Notable Cross Below Critical Moving Average

In trading on Thursday, shares of Raytheon Co. (Symbol: RTN) crossed below their 200 day moving average of $104.28, changing hands as low as $104.18 per share. Raytheon Co. shares are currently trading down about 0.7% on the day. The chart below shows the one year performance of RTN shares, versus its 200 day moving average:

Raytheon Co. 200 Day Moving Average Chart

Looking at the chart above, RTN's low point in its 52 week range is $89.17 per share, with $113.36 as the 52 week high point - that compares with a last trade of $104.42.

According to the ETF Finder at ETF Channel, RTN makes up 5.14% of the iShares U.S. Aerospace & Defense ETF (Symbol: ITA) which is trading lower by about 0.3% on the day Thursday.

Click here to find out which 9 other dividend 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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