EMC Crosses Below Key Moving Average Level

In trading on Wednesday, shares of EMC Corp. ( EMC) crossed below their 200 day moving average of $24.75, changing hands as low as $24.45 per share. EMC Corp. shares are currently trading down about 1.2% on the day. The chart below shows the one year performance of EMC shares, versus its 200 day moving average:

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EMC Corp.  200 Day Moving Average Chart

Looking at the chart above, EMC's low point in its 52 week range is $21.45 per share, with $27.34 as the 52 week high point — that compares with a last trade of $25.05.

According to the ETF Finder at ETF Channel, EMC makes up 3.36% of the First Trust ISE Cloud Computing Index Fund ETF ( SKYY) which is trading lower by about 0.9% on the day Wednesday.

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