Koninklijke Philips Breaks Above 200-Day Moving Average - Bullish For PHG

In trading on Wednesday, shares of Koninklijke Philips N.V. ( PHG) crossed above their 200 day moving average of $27.37, changing hands as high as $27.39 per share. Koninklijke Philips N.V. shares are currently trading up about 0.8% on the day. The chart below shows the one year performance of PHG shares, versus its 200 day moving average:

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Koninklijke Philips N.V. 200 Day Moving Average Chart

Looking at the chart above, PHG's low point in its 52 week range is $18.28 per share, with $31.95 as the 52 week high point — that compares with a last trade of $27.34.

According to the ETF Finder at ETF Channel, PHG makes up 2.04% of the WilderHill Progressive Energy Portfolio ETF ( PUW) which is trading up by about 0.6% on the day Wednesday.
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