ATML Crosses Below Key Moving Average Level

In trading on Friday, shares of Atmel Corp. ( ATML) crossed below their 200 day moving average of $6.05, changing hands as low as $5.89 per share. Atmel Corp. shares are currently trading off about 0.3% on the day. The chart below shows the one year performance of ATML shares, versus its 200 day moving average:

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Atmel Corp. 200 Day Moving Average Chart

Looking at the chart above, ATML's low point in its 52 week range is $4.37 per share, with $9.28 as the 52 week high point — that compares with a last trade of $6.11.

According to the ETF Finder at ETF Channel, ATML makes up 3.25% of the SPDR S&P Semiconductor ETF ( XSD) which is trading lower by about 0.3% on the day Friday.
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