Credit: Shutterstock photoIn trading on Wednesday, shares of Arm Holdings plc (Symbol: ARMH) crossed above their 200 day moving average of $48.61, changing hands as high as $49.01 per share. Arm Holdings plc shares are currently trading up about 2.3% on the day. The chart below shows the one year performance of ARMH shares, versus its 200 day moving average:
Looking at the chart above, ARMH's low point in its 52 week range is $38.40 per share, with $54.82 as the 52 week high point - that compares with a last trade of $48.98.
According to the ETF Finder at ETF Channel, ARMH makes up 4.56% of the Semiconductor ETF (Symbol: SMH) which is trading higher by about 0.5% on the day Wednesday.
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 Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
