Most Dow stocks are below their 50-day moving averages
MARKETWATCH 12:01 PM ET 5/17/2017
Symbol Last Price Change
BA 179.61up -3.09 (-1.69%)
MRK 63.245up -0.545 (-0.85%)
UNH 169up +0.88 (+0.52%)
PFE 32.325 -0.275 (-0.84%)
CVX 105.665up -0.505 (-0.48%)
GE 27.6344up -0.4056 (-1.45%)
INTC 35.535down -0.285 (-0.8%)
VZ 44.77down -0.54 (-1.19%)
IBM 152.05down -1.63 (-1.06%)
PG 86.335 +0.095 (+0.11%)
XOM 82.72up +0.17 (+0.21%)
QUOTES AS OF 12:09:11 PM ET 05/17/2017
As the Dow Jones Industrial Average slips Wednesday (MA), which many technicians use to define the short-term trend, 17 of its 30 components are also below their respective 50-day MAs. Of that total, shares of Boeing Co.(BA) and Merck & Co. Inc.(MRK) are below their 50-day MAs after closing above them on Tuesday, while UnitedHealth Group Inc.'s(UNH) stock (UNH) was above its 50-day MA as recently as Monday. Of that total, Pfizer Inc.(PFE) , Chevron Corp.(CVX) , General Electric Co.(GE) , Intel Corp.(INTC) , Verizon Communications Inc.(VZ) , International Business Machines Corp.(IBM) , Merck and Procter & Gamble Co.(PG) were also below their respective 200-day MAs, which are viewed as dividing lines between longer-term uptrends and downtrends. Exxon Mobil Corp.'s(XOM) stock (XOM) was below its 200-day MA, but was still above its 50-day MA. The Dow was down 237 points at 20743, below the 50-day MA at 20,783, but well above the 200-day MA at 19,547.
-Tomi Kilgore; 415-439-6400; AskNewswires@dowjones.com
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