Torchmark Breaks Above 200-Day Moving Average - Bullish for TMK
In trading on Wednesday, shares of Torchmark Corp. (Symbol: TMK) crossed above their 200 day moving average of $53.42, changing hands as high as $53.63 per share. Torchmark Corp. shares are currently trading up about 1% on the day. The chart below shows the one year performance of TMK shares, versus its 200 day moving average:
Looking at the chart above, TMK's low point in its 52 week range is $49.6566 per share, with $56.49 as the 52 week high point - that compares with a last trade of $53.53.
According to the ETF Finder at ETF Channel, TMK makes up 2.02% of the SPDR S&P Insurance ETF (Symbol: KIE) which is trading higher by about 0.9% on the day Wednesday.