Companhia Brasileira de Distribuicao Breaks Below 200-Day Moving Average – Notable for CBD

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In trading on Wednesday, shares of Companhia Brasileira de Distribuicao (Symbol: CBD) crossed below their 200 day moving average of $22.44, changing hands as low as $22.29 per share. Companhia Brasileira de Distribuicao shares are currently trading off about 5.9% on the day. The chart below shows the one year performance of CBD shares, versus its 200 day moving average: Companhia Brasileira de Distribuicao 200 Day Moving Average Chart

Looking at the chart above, CBD’s low point in its 52 week range is $17.91 per share, with $26.81 as the 52 week high point – that compares with a last trade of $22.56.

Click here to find out which 9 other stocks recently crossed below their 200 day moving average »

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Referenced Symbols: CBD

Author: CSN