Bullish Two Hundred Day Moving Average Cross - CTY

In trading on Wednesday, shares of Qwest Corp ( CTY) crossed above their 200 day moving average of $21.67, changing hands as high as $25.25 per share. Qwest Corp shares are currently trading up about 20% on the day. The chart below shows the one year performance of CTY shares, versus its 200 day moving average:

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Qwest Corp 200 Day Moving Average Chart

Looking at the chart above, CTY's low point in its 52 week range is $18.82 per share, with $25.25 as the 52 week high point — that compares with a last trade of $21.04.

According to the ETF Finder at ETF Channel, CTY makes up 1.05% of the SPDR Wells Fargo Preferred Stock ETF ( PSK) which is trading up by about 0.3% on the day Wednesday.

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