SAP Crosses Above Key Moving Average Level

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In trading on Monday, shares of SAP SE (Symbol: SAP) crossed above their 200 day moving average of $78.72, changing hands as high as $79.31 per share. SAP SE shares are currently trading up about 1.4% on the day. The chart below shows the one year performance of SAP shares, versus its 200 day moving average: SAP SE 200 Day Moving Average Chart

Looking at the chart above, SAP's low point in its 52 week range is $69.71 per share, with $87.42 as the 52 week high point - that compares with a last trade of $78.95.

According to the ETF Finder at ETF Channel, SAP makes up 3.25% of the First Trust ISE Cloud Computing Index Fund ETF (Symbol: SKYY) which is trading up by about 0.8% 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: SAP , SKYY

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As of 5/4/2015, 04:15 PM


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