Bullish Two Hundred Day Moving Average Cross - ERIC

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In trading on Monday, shares of Ericsson (Symbol: ERIC) crossed above their 200 day moving average of $12.36, changing hands as high as $12.40 per share. Ericsson shares are currently trading up about 1.4% on the day. The chart below shows the one year performance of ERIC shares, versus its 200 day moving average: Ericsson 200 Day Moving Average Chart

Looking at the chart above, ERIC's low point in its 52 week range is $11.50 per share, with $14.22 as the 52 week high point - that compares with a last trade of $12.37.

According to the ETF Finder at ETF Channel, ERIC makes up 5.57% of the FTSE Nordic Region ETF (Symbol: GXF) which is trading up by about 1.7% on the day Monday.

Click here to find out which 9 other stocks recently crossed above their 200 day moving average »




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.




This article appears in: Investing , Investing Ideas

Referenced Stocks: ERIC , GXF

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As of 4/1/2015, 04:15 PM


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