Freescale Semiconductor Breaks Above 200-Day Moving Average - Bullish for FSL

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In trading on Tuesday, shares of Freescale Semiconductor Ltd (Symbol: FSL) crossed above their 200 day moving average of $20.16, changing hands as high as $20.55 per share. Freescale Semiconductor Ltd shares are currently trading up about 3% on the day. The chart below shows the one year performance of FSL shares, versus its 200 day moving average: Freescale Semiconductor Ltd 200 Day Moving Average Chart

Looking at the chart above, FSL's low point in its 52 week range is $13.75 per share, with $26.00 as the 52 week high point - that compares with a last trade of $20.53.

According to the ETF Finder at ETF Channel, FSL makes up 2.38% of the PowerShares Dynamic Semiconductors Portfolio ETF (Symbol: PSI) which is trading higher by about 0.5% on the day Tuesday.

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: FSL , PSI

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