Top 10 S&P 500 stocks that are furthest below their 200-day moving averages
Mar. 22, 2024 9:25 AM ET By: Jason Capul, SA News Editor
MicroPixieStock
While the S&P 500 sets new all-time trading highs, not all components of the benchmark index have benefited. In fact, roughly 20% of the 500 names that make up the index currently trade below their 200-day moving averages.
In total, 102 stocks sit below their 200-day moving averages, a closely watched trend line. One of the most notable names on the list is Elon Musk’s Tesla ( TSLA), which has struggled in 2024.
See below the 10 stocks inside the S&P 500 that are the furthest below their 200-day moving averages.
No.10: Paramount Global ( PARA): 14.91% below 200-day MA.
No. 9: Walgreens Boots Alliance ( WBA): 15.18% below 200-day MA.
No. 8: VF Corp. ( VFC): 17.76% below 200-day MA.
No. 7: Insulet Corporation ( PODD): 18.20% below 200-day MA.
No. 6: Paycom Software ( PAYC): 20.96% below 200-day MA.
No. 5: Warner Bros Discovery ( WBD): 22.31% below 200-day MA.
No. 4: Albemarle Corporation ( ALB): 22.45% below 200-day MA.
No. 3: Charter Communications ( CHTR): 22.67% below 200-day MA.
No. 2: Humana ( HUM): 22.38% below 200-day MA.
No. 1: Tesla ( TSLA): 26.10% below 200-day MA.
Year-to-date price action for the above-mentioned names: PARA -20.1%, WBA -20.3%, VFC -22.6%, PODD -23.2%, PAYC -6.4%, WBD -23.4%, ALB -13.5%, CHTR -24.2%, HUM -24.1%, and TSLA -30.5%. |