Rock-Tenn Breaks Above 200-Day Moving Average - Bullish for RKT

In trading on Wednesday, shares of Rock-Tenn Co. (RKT) crossed above their 200 day moving average of $103.91, changing hands as high as $107.10 per share. Rock-Tenn Co. shares are currently trading up about 6.2% on the day. The chart below shows the one year performance of RKT shares, versus its 200 day moving average:

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Rock-Tenn Co. 200 Day Moving Average Chart

Looking at the chart above, RKT's low point in its 52 week range is $77.09 per share, with $126.05 as the 52 week high point — that compares with a last trade of $103.85.

According to the ETF Finder at ETF Channel, RKT makes up 3.49% of the First Trust Materials AlphaDEX Fund ETF ( FXZ) which is trading lower by about 0.1% on the day Wednesday.

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