SVU Makes Notable Cross Below Critical Moving Average

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Shutterstock photo

Shutterstock photo

In trading on Thursday, shares of SUPERVALU Inc. (Symbol: SVU) crossed below their 200 day moving average of $5.29, changing hands as low as $4.92 per share. SUPERVALU Inc. shares are currently trading off about 7.5% on the day. The chart below shows the one year performance of SVU shares, versus its 200 day moving average:

SUPERVALU Inc. 200 Day Moving Average Chart

Looking at the chart above, SVU's low point in its 52 week range is $3.94 per share, with $8.54 as the 52 week high point - that compares with a last trade of $5.06.

SVU makes up 2.64% of the PowerShares Dynamic Retail Portfolio ETF (Symbol: PMR)

Click here to find out which 9 other 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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