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Bearish Two Hundred Day Moving Average Cross - SQNM

By Market News Video Staff, Wednesday, May 4, 1:48 PM ET
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In trading on Wednesday, shares of Sequenom Inc (NASDAQ:SQNM) crossed below their 200 day moving average of $6.65, changing hands as low as $6.64 per share. Sequenom Inc shares are currently trading down about 4% on the day. The chart below shows the one year performance of SQNM shares, versus its 200 day moving average:

Sequenom Inc 200 Day Moving Average Chart

Looking at the chart above, SQNM's low point in its 52 week range is $4.69 per share, with $8.20 as the 52 week high point — that compares with a last trade of $6.71.

According to the ETF Finder at ETF Channel, SQNM makes up 4.85% of the First Trust NYSE Arca Biotechnology Index Fund ETF (AMEX:FBT) which is trading lower by about 1.2% on the day Wednesday.

     See what other ETFs contain SQNM »
     See what other stocks are held by FBT »

SQNM operates in the Biotechnology sector, among companies like MannKind Corp (NASDAQ:MNKD) which is off about 1.4% today, and Micromet Inc (NASDAQ:MITI) trading lower by about 0.9%. Below is a three month price history chart comparing the stock performance of SQNM, versus MNKD and MITI.

SQNM,MNKD,MITI Relative Performance Chart


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This Article's Word Cloud:   AMEX   Average   Below   Biotechnology   Channel   ETFs   Finder   Free   GROWTH   INVESTMENT   Index   MITI   MNKD   NASDAQ   PORTFOLIO   Portfolio   SQNM   Sequenom   Wednesday   about   among   asset   average   below   cash   chart   designed   history   lower   mdash   moving   nbsp   operates   other   performance   point   portfolio   raquo   share   shares   slideshow   stocks   there   trading   versus   week   what   which   with   year
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