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Bullish Two Hundred Day Moving Average Cross - DLB

In trading on Wednesday, shares of Dolby Laboratories Inc (Symbol: DLB) crossed above their 200 day moving average of $42.57, changing hands as high as $43.04 per share. Dolby Laboratories Inc shares are currently trading up about 1.1% on the day. The chart below shows the one year performance of DLB shares, versus its 200 day moving average:

Dolby Laboratories Inc 200 Day Moving Average Chart

Looking at the chart above, DLB's low point in its 52 week range is $34.77 per share, with $47.29 as the 52 week high point - that compares with a last trade of $42.66.

According to the ETF Finder at ETF Channel, DLB makes up 2.41% of the PowerShares Dynamic Software Portfolio ETF (Symbol: PSJ) which is trading up by about 0.8% 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.

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