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 ยป



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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