POWI Crosses Below Key Moving Average Level

In trading on Thursday, shares of Power Integrations Inc. (Symbol: POWI) crossed below their 200 day moving average of $67.59, changing hands as low as $67.00 per share. Power Integrations Inc. shares are currently trading off about 4.1% on the day. The chart below shows the one year performance of POWI shares, versus its 200 day moving average: Power Integrations Inc. 200 Day Moving Average Chart

Looking at the chart above, POWI’s low point in its 52 week range is $56.03 per share, with $82.80 as the 52 week high point – that compares with a last trade of $67.10.

According to the ETF Finder at ETF Channel, POWI makes up 3.58% of the First Trust NASDAQ Clean Edge Green Energy Index Fund ETF (Symbol: QCLN) which is trading lower by about 2.3% 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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