Markets

Avago Technologies (AVGO) Shares Cross Below 200 DMA

In trading on Thursday, shares of Avago Technologies Ltd (Symbol: AVGO) crossed below their 200 day moving average of $121.89, changing hands as low as $119.45 per share. Avago Technologies Ltd shares are currently trading off about 4.4% on the day. The chart below shows the one year performance of AVGO shares, versus its 200 day moving average:

Avago Technologies Ltd 200 Day Moving Average Chart

Looking at the chart above, AVGO's low point in its 52 week range is $68.75 per share, with $150.50 as the 52 week high point - that compares with a last trade of $120.09. According to the ETF Finder at ETF Channel, AVGO makes up 8.35% of the iShares PHLX Semiconductor ETF (Symbol: SOXX) which is trading lower by about 2.2% on the day Thursday.

Click here to find out which 9 other dividend 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.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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