MPWR Makes Notable Cross Below Critical Moving Average

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In trading on Friday, shares of Monolithic Power Systems Inc (Symbol: MPWR) crossed below their 200 day moving average of $111.35, changing hands as low as $109.99 per share. Monolithic Power Systems Inc shares are currently trading off about 2.8% on the day. The chart below shows the one year performance of MPWR shares, versus its 200 day moving average: Monolithic Power Systems Inc 200 Day Moving Average Chart

Looking at the chart above, MPWR's low point in its 52 week range is $88.19 per share, with $127.605 as the 52 week high point - that compares with a last trade of $110.94.

According to the ETF Finder at ETF Channel, MPWR makes up 2.95% of the SPDR S&P Semiconductor ETF (Symbol: XSD) which is trading lower by about 2.7% on the day Friday.

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

This article appears in: Investing
Referenced Symbols: MPWR , XSD

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