Webster Financial Breaks Above 200-Day Moving Average – Bullish for WBS

In trading on Wednesday, shares of Webster Financial Corp (Symbol: WBS) crossed above their 200 day moving average of $46.70, changing hands as high as $48.07 per share. Webster Financial Corp shares are currently trading up about 2.8% on the day. The chart below shows the one year performance of WBS shares, versus its 200 day moving average:

Looking at the chart above, WBS’s low point in its 52 week range is $36.3562 per share, with $53.39 as the 52 week high point — that compares with a last trade of $46.79.