ARUN Crosses Below Key Moving Average Level

In trading on Tuesday, shares of Aruba Networks Inc ( ARUN) crossed below their 200 day moving average of $20.75, changing hands as low as $17.46 per share. Aruba Networks Inc shares are currently trading off about 20% on the day. The chart below shows the one year performance of ARUN shares, versus its 200 day moving average:

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Aruba Networks Inc 200 Day Moving Average Chart

Looking at the chart above, ARUN's low point in its 52 week range is $12.36 per share, with $26.78 as the 52 week high point — that compares with a last trade of $17.61.

According to the ETF Finder at ETF Channel, ARUN makes up 3.02% of the iShares S&P North American Technology-Multimedia Networking Index Fund ETF ( IGN) which is trading lower by about 0.9% on the day Tuesday.
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