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FN Makes Notable Cross Below Critical Moving Average

In trading on Friday, shares of Fabrinet (Symbol: FN) crossed below their 200 day moving average of $52.15, changing hands as low as $50.70 per share. Fabrinet shares are currently trading off about 3.6% on the day. The chart below shows the one year performance of FN shares, versus its 200 day moving average:

Fabrinet 200 Day Moving Average Chart

Looking at the chart above, FN's low point in its 52 week range is $39.36 per share, with $62.31 as the 52 week high point — that compares with a last trade of $50.84.

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.

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