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ARCO Crosses Below Key Moving Average Level

2021-07-13 00:59

ARCO Crosses Below Key Moving Average Level

By Market News Video Staff, Tuesday, December 3, 4:04 PM ET

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10 Stocks Crossing Below Their 200 Day Moving Average»

In trading on Tuesday, shares of Arcos Dorados Holdings Inc (NYSE: ARCO) crossed below their 200 day moving average of $7.24, changing hands as low as $7.22 per share. Arcos Dorados Holdings Inc shares are currently trading down about 4.5% on the day. The chart below shows the one year performance of ARCO shares, versus its 200 day moving average:

Looking at the chart above, ARCO's low point in its 52 week range is $5.92 per share, with $9.22 as the 52 week high point — that compares with a last trade of $7.21.Can your brain be trained to become a chart-predicting wizard? Click here to find out

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