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Cirrus Logic, Inc. Breaks Above 200-Day Moving Average - Bullish for CRUS

By Market News Video Staff, Thursday, October 13, 4:52 PM ET
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In trading on Thursday, shares of Cirrus Logic, Inc. (NASDAQ:CRUS) crossed above their 200 day moving average of $17.36, changing hands as high as $17.66 per share. Cirrus Logic, Inc. shares are currently trading up about 2.9% on the day. The chart below shows the one year performance of CRUS shares, versus its 200 day moving average:

Cirrus Logic, Inc. 200 Day Moving Average Chart

Looking at the chart above, CRUS's low point in its 52 week range is $12.39 per share, with $25.48 as the 52 week high point — that compares with a last trade of $17.58.

According to the ETF Finder at ETF Channel, CRUS makes up 2.55% of the SPDR S&P Semiconductor ETF (AMEX:XSD) which is trading higher by about 3.7% on the day Thursday.

     See what other ETFs contain CRUS »
     See what other stocks are held by XSD »

CRUS operates in the Semiconductors sector, among companies like Semtech Corp. (NASDAQ:SMTC) which is up about 2.2% today, and Hittite Microwave Corp (NASDAQ:HITT) trading up by about 2.3%. Below is a three month price history chart comparing the stock performance of CRUS, versus SMTC and HITT.

CRUS,SMTC,HITT Relative Performance Chart


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This Article's Word Cloud:   Above   According   Below   CRUS   Channel   Cirrus   Corp   HITT   Investment   Logic   Microwave   Moving   NASDAQ   Portfolio   SMTC   Thursday   about   above   allows   asset   average   bonds   chart   companies   completely   currently   designed   growth   hands   high   history   moving   other   performance   point   portfolio   price   range   raquo   share   shares   short   stocks   terms   trading   versus   week   what   which   with
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