Millennial Media Breaks Above 200-Day Moving Average - Bullish For MM

In trading on Thursday, shares of Millennial Media Inc ( MM) crossed above their 200 day moving average of $10.39, changing hands as high as $10.48 per share. Millennial Media Inc shares are currently trading up about 1.4% on the day. The chart below shows the one year performance of MM shares, versus its 200 day moving average:

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Millennial Media Inc 200 Day Moving Average Chart

Looking at the chart above, MM's low point in its 52 week range is $5.87 per share, with $16.86 as the 52 week high point — that compares with a last trade of $10.00.

MM makes up 4.36% of the India Consumer ETF ( INCO)
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