Level 3 Communications Breaks Above 200-Day Moving Average - Bullish For LVLT
Written by: MarketNewsVideo.com
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In trading on Wednesday, shares of Level 3 Communications, Inc. LVLT
crossed above their 200 day moving average of $21.45, changing hands as high as $21.72 per share. Level 3 Communications, Inc. shares are currently trading up about 1% on the day. The chart below shows the one year performance of LVLT shares, versus its 200 day moving average:
Click here to find out which 9 other stocks recently crossed above their 200 day moving average »
Looking at the chart above, LVLT's low point in its 52 week range is $16.36 per share, with $25.99 as the 52 week high point — that compares with a last trade of $21.45.
According to the ETF Finder at ETF Channel, LVLT makes up 3.84% of the iShares Dow Jones U.S. Telecommunications Sector Index Fund ETF IYZ which is trading up by about 1.3% on the day Wednesday.