RMBS Makes Notable Cross Below Critical Moving Average

In trading on Monday, shares of Rambus Inc. ( RMBS) crossed below their 200 day moving average of $8.55, changing hands as low as $8.38 per share. Rambus Inc. shares are currently trading off about 2.9% on the day. The chart below shows the one year performance of RMBS shares, versus its 200 day moving average:

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Rambus Inc.  200 Day Moving Average Chart

Looking at the chart above, RMBS's low point in its 52 week range is $5.05 per share, with $10.85 as the 52 week high point — that compares with a last trade of $8.44.

According to the ETF Finder at ETF Channel, RMBS makes up 2.70% of the Dynamic Semiconductors Portfolio ETF ( PSI) which is trading lower by about 0.7% on the day Monday.

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