AZPN Crosses Below Key Moving Average Level

In trading on Wednesday, shares of Aspen Technology Inc (AZPN) crossed below their 200 day moving average of $27.09, changing hands as low as $26.55 per share. Aspen Technology Inc shares are currently trading off about 7.2% on the day. The chart below shows the one year performance of AZPN shares, versus its 200 day moving average:

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Aspen Technology Inc 200 Day Moving Average Chart

Looking at the chart above, AZPN's low point in its 52 week range is $19.55 per share, with $32.98 as the 52 week high point — that compares with a last trade of $28.16.

According to the ETF Finder at ETF Channel, AZPN makes up 2.51% of the Dynamic Software Portfolio ETF ( PSJ) which is trading lower by about 1.4% on the day Wednesday.

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