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SNX Makes Bearish Cross Below Critical Moving Average

By Market News Video Staff, Tuesday, June 7, 11:09 AM ET
Play Video: Learn About The 200 DMA

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In trading on Tuesday, shares of Synnex Corp (NYSE:SNX) crossed below their 200 day moving average of $30.95, changing hands as low as $30.70 per share. Synnex Corp shares are currently trading up about 0.5% on the day. The chart below shows the one year performance of SNX shares, versus its 200 day moving average:

Synnex Corp 200 Day Moving Average Chart

Looking at the chart above, SNX's low point in its 52 week range is $22.62 per share, with $36.72 as the 52 week high point that compares with a last trade of $31.18.

SNX operates in the Information Technology Services sector, among companies like Gartner, Inc. (NYSE:IT) which is up about 0.1% today, and Allscripts Healthcare Solutions, Inc. (NASDAQ:MDRX) trading higher by about 1.1%. Below is a three month price history chart comparing the stock performance of SNX, versus IT and MDRX.

SNX,IT,MDRX Relative Performance Chart


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This Article's Word Cloud:   Allscripts   Average   Below   Channel   Corp   Crossing   Flexible   Free   Gartner   Growth   Healthcare   Information   Investment   Looking   MDRX   Moving   NYSE   Portfolio   Services   Solutions   Start   Stocks   Synnex   Technology   Their   Trial   Tuesday   about   above   allocation   allows   among   anywhere   asset   average   below   bonds   cash   chart   designed   moving   performance   point   portfolio   share   shares   trading   versus   week   with
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