Best Buy Crosses Above Key Moving Average Level

In trading on Thursday, shares of Best Buy Inc (BBY) crossed above their 200 day moving average of $32.21, changing hands as high as $32.24 per share. Best Buy Inc shares are currently trading up about 1.1% on the day. The chart below shows the one year performance of BBY shares, versus its 200 day moving average:

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Best Buy Inc 200 Day Moving Average Chart

Looking at the chart above, BBY's low point in its 52 week range is $22.15 per share, with $44.66 as the 52 week high point — that compares with a last trade of $31.72.

According to the ETF Finder at ETF Channel, BBY makes up 2.00% of the Direxion All Cap Insider Sentiment Shares ETF ( KNOW) which is trading up by about 0.4% on the day Thursday.

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