Dolby Laboratories Breaks Above 200-Day Moving Average - Bullish for DLB

In trading on Tuesday, shares of Dolby Laboratories Inc (Symbol: DLB) crossed above their 200 day moving average of $65.96, changing hands as high as $65.99 per share. Dolby Laboratories Inc shares are currently trading up about 0.1% 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 $58.17 per share, with $72.045 as the 52 week high point — that compares with a last trade of $65.71.

Click here to find out which 9 other dividend 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.

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