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MSTR Makes Bullish Cross Above Critical Moving Average

By Market News Video Staff, Friday, August 12, 11:41 AM ET
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In trading on Friday, shares of MicroStrategy Inc. (NASDAQ:MSTR) crossed above their 200 day moving average of $120.91, changing hands as high as $123.58 per share. MicroStrategy Inc. shares are currently trading up about 3% on the day. The chart below shows the one year performance of MSTR shares, versus its 200 day moving average:

MicroStrategy Inc. 200 Day Moving Average Chart

Looking at the chart above, MSTR's low point in its 52 week range is $72.42 per share, with $178.58 as the 52 week high point — that compares with a last trade of $123.26.

According to the ETF Finder at ETF Channel, MSTR makes up 2.91% of the Dynamic Software Portfolio ETF (AMEX:PSJ) which is trading higher by about 0.3% on the day Friday.

     See what other ETFs contain MSTR »
     See what other stocks are held by PSJ »

MSTR operates in the Application Software sector, among companies like IAC/InterActiveCorp (NASDAQ:IACI) which is up about 1.5% today, and Sohu.com Inc (NASDAQ:SOHU) trading lower by about 0.3%. Below is a three month price history chart comparing the stock performance of MSTR, versus IACI and SOHU.

MSTR,IACI,SOHU Relative Performance Chart


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This Article's Word Cloud:   Above   According   Application   Average   Below   Channel   ETFs   Friday   IACI   InterActiveCorp   MSTR   MicroStrategy   Moving   NASDAQ   Portfolio   SOHU   Software   about   above   allows   among   asset   average   chart   companies   completely   currently   designed   growth   hands   high   history   moving   operates   other   performance   point   portfolio   price   range   share   shares   stocks   terms   trading   versus   week   what   which   with
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