Stocks Crossing 50-Day SMA 08/21: (UBS) (CTRP) (CHD) Above; (AXP) (VIV) Below

August 21, 2012 1:32 PM EDT Send to a Friend
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The following is a list of stocks crossing the 50-day simple moving average (SMA) and are either above or below the metric. The 50-day is considered an indicator of a potential near-term trend formation.

Crossing and above:
  • UBS AG (NYSE: UBS) - up 3.2 percent. Shares moving above the $11.20 resistance level seen the last few weeks as sentiment with the financials seems to be higher on the session.

  • Ctrip.com Int'l (Nasdaq: CTRP) - up 6.5 percent. Getting a boost from peer eLong Inc. (Nasdaq: LONG) today following its Q2 results.

  • Church & Dwight Co. (NYSE: CHD) - up 5.4 percent. Higher after announcing it will acquire Avid Health for $650 million. The Company also guided FY13 EPS expectations above consensus views.

  • QEP Resources, Inc. (NYSE: QEP) - up 2.5 percent. QEP shares are perking up to a four-session run (following a four session drop, of course). The move has flattened the trend, allowing QEP back above the 50-day once again.
Crossing and below:
  • American Express (NYSE: AXP) - down 0.1 percent. Getting below the level following overall market weakness. Shares started in positive territory but have slowly trickled down throughout the session.

    Shares have been trading in a closing-v pattern, potentially leading to a breakout above $58 or below $56.

  • Telefonica Brasil, S.A. (NYSE: VIV) - down 5.1 percent. Shares moving strongly below the $24 level on volume today. The next key point is $23, which has been a support level since May.



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