Companhia Brasileira de Distribuicao Breaks Above 200-Day Moving Average – Bullish for CBD

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Companhia Brasileira de Distribuicao Breaks Above 200-Day Moving Average – Bullish for CBD


In trading on Friday, shares of Companhia Brasileira de Distribuicao (Symbol: CBD) crossed above their 200 day moving average of $5.06, changing hands as high as $5.20 per share. Companhia Brasileira de Distribuicao shares are currently trading up about 3.4% on the day. The chart below shows the one year performance of CBD shares, versus its 200 day moving average:

Looking at the chart above, CBD’s low point in its 52 week range is $3.37 per share, with $8.41 as the 52 week high point — that compares with a last trade of $5.19.

Click here to find out which 9 other stocks recently crossed above 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.



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