Markets

Notable Two Hundred Day Moving Average Cross - AMBA

Shutterstock photo
Shutterstock photo

Shutterstock photo

In trading on Thursday, shares of Ambarella, Inc. (Symbol: AMBA) crossed below their 200 day moving average of $56.64, changing hands as low as $55.52 per share. Ambarella, Inc. shares are currently trading off about 3.5% on the day. The chart below shows the one year performance of AMBA shares, versus its 200 day moving average:

Ambarella, Inc. 200 Day Moving Average Chart

Looking at the chart above, AMBA's low point in its 52 week range is $35.26 per share, with $74.95 as the 52 week high point - that compares with a last trade of $55.58.

According to the ETF Finder at ETF Channel, AMBA makes up 1.02% of the SPDR FactSet Innovative Technology ETF (Symbol: XITK) which is trading lower by about 1% on the day Thursday.

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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XITK AMBA

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