Netgear Breaks Above 200-Day Moving Average - Bullish for NTGR

In trading on Thursday, shares of Netgear, Inc. (NTGR) crossed above their 200 day moving average of $33.13, changing hands as high as $33.34 per share. Netgear, Inc. shares are currently trading up about 0.5% on the day. The chart below shows the one year performance of NTGR shares, versus its 200 day moving average:

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Netgear, Inc. 200 Day Moving Average Chart

Looking at the chart above, NTGR's low point in its 52 week range is $28.21 per share, with $36.27 as the 52 week high point — that compares with a last trade of $33.25.

According to the ETF Finder at ETF Channel, NTGR makes up 2.68% of the PowerShares Dynamic Networking Portfolio ETF ( PXQ) which is trading up by about 0.8% on the day Thursday.

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