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AAXN Crosses Above Key Moving Average Level

By Market News Video Staff, Thursday, October 12, 11:42 AM ET
Play Video: Learn About The 200 DMA

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In trading on Thursday, shares of Axon Enterprise Inc (NASDAQ:AAXN) crossed above their 200 day moving average of $24.12, changing hands as high as $24.34 per share. Axon Enterprise Inc shares are currently trading up about 1.8% on the day. The chart below shows the one year performance of AAXN shares, versus its 200 day moving average:

Axon Enterprise Inc 200 Day Moving Average Chart

Looking at the chart above, AAXN's low point in its 52 week range is $21.18 per share, with $28.49 as the 52 week high point that compares with a last trade of $24.30.

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According to the ETF Finder at ETF Channel, AAXN makes up 2.43% of the SPDR S&P Aerospace & Defense ETF (AMEX:XAR) which is trading higher by about 0.4% on the day Thursday.

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