FSLR Crosses Below Key Moving Average Level

In trading on Friday, shares of First Solar Inc (FSLR) crossed below their 200 day moving average of $48.20, changing hands as low as $48.11 per share. First Solar Inc shares are currently trading off about 3.6% on the day. The chart below shows the one year performance of FSLR shares, versus its 200 day moving average:

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First Solar Inc 200 Day Moving Average Chart

Looking at the chart above, FSLR's low point in its 52 week range is $24.46 per share, with $65.99 as the 52 week high point — that compares with a last trade of $48.70.

According to the ETF Finder at ETF Channel, FSLR makes up 20.64% of the Guggenheim Solar ETF ( TAN) which is trading lower by about 5.8% on the day Friday.

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