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Synchronoss Technologies Inc Breaks Above 200-Day Moving Average - Bullish for SNCR

By Market News Video Staff, Monday, December 5, 2:32 PM ET
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In trading on Monday, shares of Synchronoss Technologies Inc (NASDAQ:SNCR) crossed above their 200 day moving average of $29.99, changing hands as high as $31.18 per share. Synchronoss Technologies Inc shares are currently trading up about 6.7% on the day. The chart below shows the one year performance of SNCR shares, versus its 200 day moving average:

Synchronoss Technologies Inc 200 Day Moving Average Chart

Looking at the chart above, SNCR's low point in its 52 week range is $22.54 per share, with $35.90 as the 52 week high point that compares with a last trade of $31.14.

SNCR operates in the Application Software sector, among companies like Autodesk Inc. (NASDAQ:ADSK) which is up about 1% today, and Red Hat Inc (NYSE:RHT) trading up by about 4.5%. Below is a three month price history chart comparing the stock performance of SNCR, versus ADSK and RHT.

SNCR,ADSK,RHT Relative Performance Chart


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This Article's Word Cloud:   ADSK   Above   Application   Below   Call   Definition   ETFs   Earnings   Investment   Moving   Portfolio   Relevant   SNCR   Software   Synchronoss   Technologies   What   about   above   allows   among   asset   average   bonds   chart   companies   completely   currently   designed   growth   hands   high   history   moving   operates   performance   point   portfolio   price   range   raquo   share   shares   short   stocks   terms   trading   versus   week   with
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