In trading on Thursday, shares of Varian Medical Systems Inc (Symbol: VAR) crossed below their 200 day moving average of $89.54, changing hands as low as $86.38 per share. Varian Medical Systems Inc shares are currently trading down about 6.3% on the day. The chart below shows the one year performance of VAR shares, versus its 200 day moving average:
Looking at the chart above, VAR's low point in its 52 week range is $73.18 per share, with $106.70 as the 52 week high point - that compares with a last trade of $86.66.
According to the ETF Finder at ETF Channel, VAR makes up 3.15% of the Guggenheim S&P 500 Equal Weight Health Care ETF (Symbol: RYH) which is trading lower by about 0.7% on the day Thursday.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.