BDC Makes Notable Cross Below Critical Moving Average

In trading on Monday, shares of Belden Inc (BDC) crossed below their 200 day moving average of $71.72, changing hands as low as $71.19 per share. Belden Inc shares are currently trading down about 1.4% on the day. The chart below shows the one year performance of BDC shares, versus its 200 day moving average:

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Belden Inc 200 Day Moving Average Chart

Looking at the chart above, BDC's low point in its 52 week range is $61.81 per share, with $79.30 as the 52 week high point — that compares with a last trade of $71.18.

According to the ETF Finder at ETF Channel, BDC makes up 2.59% of the PowerShares Dynamic Networking Portfolio ETF ( PXQ) which is trading lower by about 0.8% on the day Monday.

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