RBCN Makes Notable Cross Below Critical Moving Average

In trading on Monday, shares of Rubicon Technology Inc (RBCN) crossed below their 200 day moving average of $10.58, changing hands as low as $10.55 per share. Rubicon Technology Inc shares are currently trading up about 0.5% on the day. The chart below shows the one year performance of RBCN shares, versus its 200 day moving average:

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Rubicon Technology Inc 200 Day Moving Average Chart

Looking at the chart above, RBCN's low point in its 52 week range is $5.91 per share, with $14.67 as the 52 week high point — that compares with a last trade of $10.69.

According to the ETF Finder at ETF Channel, RBCN makes up 1.88% of the PowerShares WilderHill Clean Energy Portfolio ETF ( PBW) which is trading up by about 1.1% on the day Monday.

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