TECD Crosses Below Key Moving Average Level

In trading on Tuesday, shares of Tech Data Corp. (TECD) crossed below their 200 day moving average of $50.30, changing hands as low as $50.21 per share. Tech Data Corp. shares are currently trading off about 0.4% on the day. The chart below shows the one year performance of TECD shares, versus its 200 day moving average:

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Tech Data Corp. 200 Day Moving Average Chart

Looking at the chart above, TECD's low point in its 52 week range is $43.02 per share, with $55.36 as the 52 week high point — that compares with a last trade of $50.63.

According to the ETF Finder at ETF Channel, TECD makes up 1.96% of the First Trust Technology AlphaDEX Fund ETF ( FXL) which is trading up by about 0.5% on the day Tuesday.

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