Applied Micro Circuits Breaks Above 200-Day Moving Average - Bullish for AMCC

In trading on Tuesday, shares of Applied Micro Circuits Corp. (AMCC) crossed above their 200 day moving average of $11.13, changing hands as high as $11.28 per share. Applied Micro Circuits Corp. shares are currently trading up about 10.4% on the day. The chart below shows the one year performance of AMCC shares, versus its 200 day moving average:

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Applied Micro Circuits Corp. 200 Day Moving Average Chart

Looking at the chart above, AMCC's low point in its 52 week range is $7.64 per share, with $15.09 as the 52 week high point — that compares with a last trade of $11.27.

According to the ETF Finder at ETF Channel, AMCC makes up 2.31% of the SPDR S&P Semiconductor ETF ( XSD) which is trading higher by about 0.7% on the day Tuesday.

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