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RIMM Makes Bullish Cross Above Critical Moving Average

By Market News Video Staff, Thursday, April 28, 11:50 AM ET
Play Video: 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 (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   Arris   Communications   Crossing   Group   Growth   Motion   RIMM   Research   Start   Tata   Their   Trial   about   above   allows   asset   average   changing   chart   commodities   currently   designed   flexibility   follow   high   history   level   lower   makes   mdash   month   moving   performance   point   portfolio   program   raquo   regions   sector   sectors   share   shares   that   trading   versus   week   wherever   which   with
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