Netgear (NTGR) Shares Cross Below 200 DMA

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In trading on Thursday, shares of Netgear Inc (Symbol: NTGR) crossed below their 200 day moving average of $53.86, changing hands as low as $52.90 per share. Netgear Inc shares are currently trading off about 10.6% on the day. The chart below shows the one year performance of NTGR shares, versus its 200 day moving average: Netgear Inc 200 Day Moving Average Chart

Looking at the chart above, NTGR's low point in its 52 week range is $41.50 per share, with $71.42 as the 52 week high point - that compares with a last trade of $53.45.

According to the ETF Finder at ETF Channel, NTGR makes up 2.54% of the SPDR S&P Telecom ETF (Symbol: XTL) which is trading higher by about 0.3% on the day Thursday.

Click here to find out which 9 other 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
Referenced Symbols: NTGR , XTL

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