WIFI Makes Notable Cross Below Critical Moving Average

In trading on Friday, shares of Boingo Wireless Inc ( WIFI) crossed below their 200 day moving average of $6.63, changing hands as low as $6.61 per share. Boingo Wireless Inc shares are currently trading off about 3.8% on the day. The chart below shows the one year performance of WIFI shares, versus its 200 day moving average:

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Boingo Wireless Inc 200 Day Moving Average Chart

Looking at the chart above, WIFI's low point in its 52 week range is $5.06 per share, with $8.00 as the 52 week high point — that compares with a last trade of $6.63.

According to the ETF Finder at ETF Channel, WIFI makes up 1.08% of the Vanguard Telecommunication Services ETF ( VOX) which is trading lower by about 1.1% on the day Friday.

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