Infineon Technologies Surpasses Key 200-Day Moving Average

On Monday, Infineon Technologies AG (Symbol: IFNNF) saw its shares rise above the critical 200-day moving average of $34.12, reaching a high of $35.38 per share. Currently, IFNNF shares are trading approximately 3% higher on the day. Below is a chart illustrating the one-year performance of IFNNF shares in relation to the 200-day moving average:

The chart indicates that IFNNF’s lowest point in the past 52 weeks was $26.60 per share, while the highest point reached $41.79. The most recent trade was at $34.45.

---

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