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Bearish Two Hundred Day Moving Average Cross - SIFY

By Market News Video Staff, Monday, November 21, 3:16 PM ET
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In trading on Monday, shares of Sify Technologies Ltd (NASDAQ:SIFY) crossed below their 200 day moving average of $4.42, changing hands as low as $4.07 per share. Sify Technologies Ltd shares are currently trading off about 12.8% on the day. The chart below shows the one year performance of SIFY shares, versus its 200 day moving average:

Sify Technologies Ltd 200 Day Moving Average Chart

Looking at the chart above, SIFY's low point in its 52 week range is $1.721 per share, with $8.54 as the 52 week high point that compares with a last trade of $4.13.

SIFY operates in the Application Software sector, among companies like RightNow Technologies Inc (RNOW) which is trading flat today, and AOL Inc. (NYSE:AOL) trading lower by about 2.2%. Below is a three month price history chart comparing the stock performance of SIFY, versus RNOW and AOL.

SIFY,RNOW,AOL Relative Performance Chart


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