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QLogic Corp. Breaks Above 200-Day Moving Average - Bullish for QLGC

By Market News Video Staff, Friday, January 25, 11:52 AM ET
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In trading on Friday, shares of QLogic Corp. (NASDAQ:QLGC) crossed above their 200 day moving average of $12.13, changing hands as high as $12.90 per share. QLogic Corp. shares are currently trading up about 16.7% on the day. The chart below shows the one year performance of QLGC shares, versus its 200 day moving average:

QLogic Corp. 200 Day Moving Average Chart

Looking at the chart above, QLGC's low point in its 52 week range is $8.63 per share, with $19.00 as the 52 week high point that compares with a last trade of $12.54.


Special Offer: Find out what Dave Moenning is holding in the ETF Channel Flexible Growth Investment Portfolio with 30 Days Free.

According to the ETF Finder at ETF Channel, QLGC makes up 3.40% of the Dynamic Networking Portfolio ETF (AMEX:PXQ) which is trading up by about 1.1% on the day Friday.

See what other ETFs contain QLGC
See what other stocks are held by PXQ


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QLogic Corp. Breaks Above 200-Day Moving Average - Bullish for QLGC | Market News Video | Copyright © 2008 - 2014, All Rights Reserved

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