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Bullish Two Hundred Day Moving Average Cross - FIO

By Market News Video Staff, Wednesday, June 22, 11:13 AM ET
Now Playing: Learn About The 200 DMA


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In trading on Wednesday, shares of Fusion-io Inc. (NYSE:FIO) crossed above their 200 day moving average of $26.24, changing hands as high as $27.11 per share. Fusion-io Inc. shares are currently trading up about 6.6% on the day. The chart below shows the one year performance of FIO shares, versus its 200 day moving average:

Fusion-io Inc. 200 Day Moving Average Chart

Looking at the chart above, FIO's low point in its 52 week range is $19.28 per share, with $33.00 as the 52 week high point — that compares with a last trade of $27.36.

FIO operates in the Computers sector, among companies like SED International Holdings, Inc. (AMEX:SED) which is trading flat today, and GTSI Corp (NASDAQ:GTSI) trading lower by about 2%. Below is a three month price history chart comparing the stock performance of FIO, versus SED and GTSI.

FIO,SED,GTSI Relative Performance Chart


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