ELLI Crosses Below Key Moving Average Level

In trading on Tuesday, shares of Ellie Mae Inc (ELLI) crossed below their 200 day moving average of $23.72, changing hands as low as $23.58 per share. Ellie Mae Inc shares are currently trading down about 0.4% on the day. The chart below shows the one year performance of ELLI shares, versus its 200 day moving average:

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Ellie Mae Inc 200 Day Moving Average Chart

Looking at the chart above, ELLI's low point in its 52 week range is $15.00 per share, with $30.59 as the 52 week high point — that compares with a last trade of $23.86.

According to the ETF Finder at ETF Channel, ELLI makes up 3.22% of the Dynamic Software Portfolio ETF ( PSJ) which is trading higher by about 0.4% on the day Tuesday.

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