STM Crosses Below Key Moving Average Level

In trading on Thursday, shares of STMicroelectronics NV (Symbol: STM) crossed below their 200 day moving average of $46.51, changing hands as low as $44.37 per share. STMicroelectronics NV shares are currently trading off about 3.8% on the day. The chart below shows the one year performance of STM shares, versus its 200 day moving average: {{ InlineImage1 }}

Looking at the chart above, STM's low point in its 52 week range is $36.03 per share, with $55.85 as the 52 week high point — that compares with a last trade of $45.17.

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