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Synnex Breaks Above 200-Day Moving Average - Bullish for SNX

In trading on Thursday, shares of Synnex Corp (Symbol: SNX) crossed above their 200 day moving average of $123.39, changing hands as high as $124.84 per share. Synnex Corp shares are currently trading up about 1.6% on the day. The chart below shows the one year performance of SNX shares, versus its 200 day moving average:

Synnex Corp 200 Day Moving Average Chart

Looking at the chart above, SNX's low point in its 52 week range is $101.71 per share, with $141.9399 as the 52 week high point - that compares with a last trade of $124.38.

According to the ETF Finder at ETF Channel, SNX makes up 1.34% of the Guggenheim S&P MidCap 400 Pure Value ETF (Symbol: RFV) which is trading lower by about 0.6% on the day Thursday.

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.


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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