AMCC Makes Notable Cross Below Critical Moving Average

In trading on Friday, shares of Applied Micro Circuits Corp. (AMCC) crossed below their 200 day moving average of $10.72, changing hands as low as $10.61 per share. Applied Micro Circuits Corp. shares are currently trading down about 3.3% on the day. The chart below shows the one year performance of AMCC shares, versus its 200 day moving average:

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Applied Micro Circuits Corp. 200 Day Moving Average Chart

Looking at the chart above, AMCC's low point in its 52 week range is $6.51 per share, with $15.09 as the 52 week high point — that compares with a last trade of $11.07.

According to the ETF Finder at ETF Channel, AMCC makes up 2.06% of the SPDR S&P Semiconductor ETF ( XSD) which is trading lower by about 1.8% on the day Friday.

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