CRUS Makes Notable Cross Below Critical Moving Average

In trading on Thursday, shares of Cirrus Logic, Inc. (Symbol: CRUS) crossed below their 200 day moving average of $59.70, changing hands as low as $59.02 per share. Cirrus Logic, Inc. shares are currently trading off about 6.8% on the day. The chart below shows the one year performance of CRUS shares, versus its 200 day moving average: Cirrus Logic, Inc. 200 Day Moving Average Chart

Looking at the chart above, CRUS’s low point in its 52 week range is $47.01 per share, with $71.9699 as the 52 week high point – that compares with a last trade of $59.00.

According to the ETF Finder at ETF Channel, CRUS makes up 2.87% of the SPDR SP Semiconductor ETF (Symbol: XSD) which is trading lower by about 1.1% on the day Thursday.

Click here to find out which 9 other stocks recently crossed below their 200 day moving average ยป

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