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RIMM Makes Bullish Cross Above Critical Moving Average

By Market News Video Staff, Thursday, April 28, 11:50 AM ET
Now Playing: Learn About The 200 DMA


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In trading on Thursday, shares of Research in Motion, Ltd. (RIMM) crossed above their 200 day moving average of $56.41, changing hands as high as $57.32 per share. Research in Motion, Ltd. shares are currently trading up about 2% on the day. The chart below shows the one year performance of RIMM shares, versus its 200 day moving average:

Research in Motion, Ltd. 200 Day Moving Average Chart

Looking at the chart above, RIMM's low point in its 52 week range is $42.53 per share, with $74.23 as the 52 week high point — that compares with a last trade of $56.81.

RIMM makes up 8.71% of the Wireless HOLDRS ETF (WMH)

RIMM operates in the Communications Services sector, among companies like Arris Group Inc. (NASDAQ:ARRS) which is down about 9.2% today, and Tata Communications Ltd (NYSE:TCL) trading lower by about 3.7%. Below is a three month price history chart comparing the stock performance of RIMM, versus ARRS and TCL.

RIMM,ARRS,TCL Relative Performance Chart


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This Article's Word Cloud:   ARRS   Above   Below   Communications   Investment   Motion   Moving   Portfolio   RIMM   Research   Tata   Their   about   above   allows   among   asset   average   bonds   chart   classes   companies   complete   completely   countries   currently   designed   growth   hands   high   history   leads   mdash   moving   operates   performance   point   portfolio   price   program   range   raquo   share   shares   short   terms   trading   versus   week   with
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