KLAC Makes Notable Cross Below Critical Moving Average

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In trading on Friday, shares of KLA-Tencor Corp. (Symbol: KLAC) crossed below their 200 day moving average of $62.74, changing hands as low as $62.59 per share. KLA-Tencor Corp. shares are currently trading down about 7.1% on the day. The chart below shows the one year performance of KLAC shares, versus its 200 day moving average: KLA-Tencor Corp. 200 Day Moving Average Chart

Looking at the chart above, KLAC's low point in its 52 week range is $50.23 per share, with $71.93 as the 52 week high point - that compares with a last trade of $62.91.

According to the ETF Finder at ETF Channel, KLAC makes up 4.74% of the PowerShares Dynamic Semiconductors Portfolio ETF (Symbol: PSI) which is trading lower by about 3% on the day Friday.

Click here to find out which 9 other dividend stocks recently crossed below 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 Nasdaq, Inc.



This article appears in: Investing , Options
More Headlines for: KLAC , PSI


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