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SMTC Makes Bullish Cross Above Critical Moving Average

In trading on Thursday, shares of Semtech Corp. (Symbol: SMTC) crossed above their 200 day moving average of $27.00, changing hands as high as $27.37 per share. Semtech Corp. shares are currently trading up about 1.8% on the day. The chart below shows the one year performance of SMTC shares, versus its 200 day moving average:

Semtech Corp. 200 Day Moving Average Chart

Looking at the chart above, SMTC's low point in its 52 week range is $21.381 per share, with $37.19 as the 52 week high point - that compares with a last trade of $26.92.

According to the ETF Finder at ETF Channel, SMTC makes up 2.27% of the SPDR S&P Semiconductor ETF (Symbol: XSD) which is trading higher by about 0.8% on the day Thursday.

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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