Universal Display (OLED) Shares Cross Below 200 DMA

In trading on Friday, shares of Universal Display Corp (OLED) crossed below their 200 day moving average of $31.91, changing hands as low as $31.40 per share. Universal Display Corp shares are currently trading down about 2.7% on the day. The chart below shows the one year performance of OLED shares, versus its 200 day moving average:

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Universal Display Corp 200 Day Moving Average Chart

Looking at the chart above, OLED's low point in its 52 week range is $25.70 per share, with $39.74 as the 52 week high point — that compares with a last trade of $31.47.

According to the ETF Finder at ETF Channel, OLED makes up 2.39% of the Lux Nanotech Portfolio ETF ( PXN) which is trading lower by about 1.9% on the day Friday.

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