ABIOMED Breaks Above 200-Day Moving Average - Bullish For ABMD

In trading on Monday, shares of ABIOMED, Inc. ( ABMD) crossed above their 200 day moving average of $19.00, changing hands as high as $19.06 per share. ABIOMED, Inc. shares are currently trading up about 1.2% on the day. The chart below shows the one year performance of ABMD shares, versus its 200 day moving average:

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ABIOMED, Inc. 200 Day Moving Average Chart

Looking at the chart above, ABMD's low point in its 52 week range is $11.80 per share, with $25.25 as the 52 week high point — that compares with a last trade of $19.00.

According to the ETF Finder at ETF Channel, ABMD makes up 1.19% of the SPDR S&P Health Care Equipment ETF ( XHE) which is trading lower by about 0.2% on the day Monday.
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