MPWR makes a bullish cross above the critical moving average


IIn Thursday’s trading, shares of Monolithic Power Systems Inc (Symbol: MPWR) rose above their 200-day moving average of $454.45, changing hands as high as $457.98 per share. Shares of Monolithic Power Systems Inc are currently trading up around 3.1% on the day. The chart below shows the one-year performance of MPWR shares, compared to its 200-day moving average:

Looking at the chart above, MPWR’s low point in its 52-week range is $348.02 per share, with $580 as its 52-week high – compare with a last trade of $456.03. The above MPWR DMA information comes from TechnicalAnalysisChannel.com

Click here to find out which 9 other dividend-paying stocks recently broke their 200-day moving average »

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