MENT Crosses Above Key Moving Average Level

In trading on Friday, shares of Mentor Graphics Corp ( MENT) crossed above their 200 day moving average of $21.39, changing hands as high as $21.80 per share. Mentor Graphics Corp shares are currently trading up about 2.1% on the day. The chart below shows the one year performance of MENT shares, versus its 200 day moving average:

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Mentor Graphics Corp 200 Day Moving Average Chart

Looking at the chart above, MENT's low point in its 52 week range is $13.21 per share, with $24.31 as the 52 week high point — that compares with a last trade of $21.56.

According to the ETF Finder at ETF Channel, MENT makes up 2.44% of the Dynamic Software Portfolio ETF ( PSJ) which is trading higher by about 0.1% on the day Friday.

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