OLED Makes Bullish Cross Above Critical Moving Average

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In trading on Friday, shares of Universal Display Corp (Symbol: OLED) crossed above their 200 day moving average of $31.55, changing hands as high as $31.85 per share. Universal Display Corp shares are currently trading up about 8.8% on the day. The chart below shows the one year performance of OLED shares, versus its 200 day moving average: Universal Display Corp 200 Day Moving Average Chart

Looking at the chart above, OLED's low point in its 52 week range is $22.69 per share, with $39.74 as the 52 week high point - that compares with a last trade of $31.73.

According to the ETF Finder at ETF Channel, OLED makes up 1.87% of the PowerShares WilderHill Clean Energy Portfolio ETF (Symbol: PBW) which is trading higher by about 0.6% on the day Friday.

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: OLED , PBW

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As of 1/27/2015, 12:27 PM


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