CNXN Makes Notable Cross Below Critical Moving Average

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In trading on Thursday, shares of PC Connection, Inc. (Symbol: CNXN) crossed below their 200 day moving average of $59.81, changing hands as low as $57.90 per share. PC Connection, Inc. shares are currently trading off about 5.4% on the day. The chart below shows the one year performance of CNXN shares, versus its 200 day moving average:

PC Connection, Inc. 200 Day Moving Average Chart

Looking at the chart above, CNXN’s low point in its 52 week range is $38.135 per share, with $70.55 as the 52 week high point — that compares with a last trade of $58.49.

Click here to find out which 9 other dividend stocks recently crossed below their 200 day moving average »

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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