QLGC Crosses Above Key Moving Average Level

In trading on Monday, shares of QLogic Corp. ( QLGC) crossed above their 200 day moving average of $10.80, changing hands as high as $10.93 per share. QLogic Corp. shares are currently trading up about 1.5% on the day. The chart below shows the one year performance of QLGC shares, versus its 200 day moving average:

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QLogic Corp. 200 Day Moving Average Chart

Looking at the chart above, QLGC's low point in its 52 week range is $8.63 per share, with $12.90 as the 52 week high point — that compares with a last trade of $10.89.
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According to the ETF Finder at ETF Channel, QLGC makes up 2.54% of the Dynamic Networking Portfolio ETF ( PXQ) which is trading higher by about 0.4% on the day Monday.
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