Taubman Centers Breaks Above 200-Day Moving Average - Bullish for TCO

In trading on Wednesday, shares of Taubman Centers, Inc. ( TCO) crossed above their 200 day moving average of $71.22, changing hands as high as $71.26 per share. Taubman Centers, Inc. shares are currently trading up about 0.1% on the day. The chart below shows the one year performance of TCO shares, versus its 200 day moving average:

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Taubman Centers, Inc. 200 Day Moving Average Chart

Looking at the chart above, TCO's low point in its 52 week range is $61.43 per share, with $89.46 as the 52 week high point — that compares with a last trade of $70.67.

According to the ETF Finder at ETF Channel, TCO makes up 3.94% of the iShares Retail Real Estate Capped ETF ( RTL) which is trading higher by about 1.5% on the day Wednesday.

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