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Cavium Breaks Below 200-Day Moving Average - Notable for CAVM

In trading on Monday, shares of Cavium Inc (Symbol: CAVM) crossed below their 200 day moving average of $68.39, changing hands as low as $66.25 per share. Cavium Inc shares are currently trading down about 4.5% on the day. The chart below shows the one year performance of CAVM shares, versus its 200 day moving average:

Cavium Inc 200 Day Moving Average Chart

Looking at the chart above, CAVM's low point in its 52 week range is $53.15 per share, with $77.42 as the 52 week high point - that compares with a last trade of $67.20.

According to the ETF Finder at ETF Channel, CAVM makes up 2.00% of the PowerShares DWA Technology Momentum Portfolio ETF (Symbol: PTF) which is trading higher by about 0.1% on the day Monday.

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.


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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