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MPWR Crosses Below Key Moving Average Level

By Market News Video Staff, Monday, May 10, 4:32 PM ET
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In trading on Monday, shares of Monolithic Power Systems Inc (NASDAQ:MPWR) crossed below their 200 day moving average of $326.34, changing hands as low as $319.62 per share. Monolithic Power Systems Inc shares are currently trading off about 6.1% on the day. The chart below shows the one year performance of MPWR shares, versus its 200 day moving average:

Monolithic Power Systems Inc 200 Day Moving Average Chart

Looking at the chart above, MPWR's low point in its 52 week range is $189.44 per share, with $406.75 as the 52 week high point — that compares with a last trade of $321.86. The MPWR DMA information above was sourced from TechnicalAnalysisChannel.com


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