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RBC Bearings Inc (ROLL) Shares Cross Below 200 DMA

Resource from:  RBC Bearings Incorporated Likes:3074
Apr 19,2011
(April 18, 2011) In trading on Monday, shares of RBC Bearings Inc (NASDAQ:ROLL) crossed below their 200 day moving average of $34.76, changing hands as low as $33.94 per share. RBC Bearings Inc shares are currently trading off about 2.5% on the day. The chart below shows the one year performance of ROLL shares, versus its 200 day moving average: Looking at the chart above, ROLL's low point in its 52 week range is $25.61 per share, with $40.34 as the 52 week high point — that compares with a last trade of $34.43. According to the ETF Finder at ETF Channel, ROLL makes up 1.40% of the iShares Dow Jones U.S. Aerospace & Defense Index Fund ETF (AMEX:ITA) which is trading lower by about 1.8% on the day Monday. ROLL operates in the Industrial Machinery & Equipment sector, among companies like SPX Corp. (NYSE:SPW) which is down about 1.1% today, and Gardner Denver, Inc. (NYSE:GDI) trading lower by about 3%. Below is a three month price history chart comparing the stock performance of ROLL, versus SPW and GDI.
(RBC Bearings Incorporated)
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