SIMO Crosses Above Key Moving Average LevelBy Market News Video Staff, Friday, June 2, 6:13 PM ETIn trading on Friday, shares of Silicon Motion Technology Corp (NASDAQ:SIMO) crossed above their 200 day moving average of $64.50, changing hands as high as $64.64 per share. Silicon Motion Technology Corp shares are currently trading up about 2.4% on the day. The chart below shows the one year performance of SIMO shares, versus its 200 day moving average:
Looking at the chart above, SIMO's low point in its 52 week range is $51.53 per share, with $93.88 as the 52 week high point — that compares with a last trade of $64.46. Can your brain be trained to become a chart-predicting wizard? Click here to find out
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