CXW Makes Bullish Cross Above Critical Moving Average

In trading on Wednesday, shares of Corrections Corporation of America (CXW) crossed above their 200 day moving average of $33.53, changing hands as high as $33.59 per share. Corrections Corporation of America shares are currently trading up about 1% on the day. The chart below shows the one year performance of CXW shares, versus its 200 day moving average:

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Corrections Corporation of America 200 Day Moving Average Chart

Looking at the chart above, CXW's low point in its 52 week range is $30.37 per share, with $38.13 as the 52 week high point — that compares with a last trade of $33.63.

CXW makes up 2.00% of the First Trust RBA Quality Income ETF ( QINC)

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