HITT Makes Bullish Cross Above Critical Moving Average

In trading on Tuesday, shares of Hittite Microwave Corp (HITT) crossed above their 200 day moving average of $58.53, changing hands as high as $58.70 per share. Hittite Microwave Corp shares are currently trading up about 1.6% on the day. The chart below shows the one year performance of HITT shares, versus its 200 day moving average:

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Hittite Microwave Corp 200 Day Moving Average Chart

Looking at the chart above, HITT's low point in its 52 week range is $45.94 per share, with $66.97 as the 52 week high point — that compares with a last trade of $58.89.

According to the ETF Finder at ETF Channel, HITT makes up 2.29% of the SPDR S&P Semiconductor ETF ( XSD) which is trading higher by about 1% on the day Tuesday.

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