VECO Makes Bullish Cross Above Critical Moving Average

In trading on Monday, shares of Veeco Instruments Inc. (VECO) crossed above their 200 day moving average of $36.15, changing hands as high as $36.22 per share. Veeco Instruments Inc. shares are currently trading up about 2.1% on the day. The chart below shows the one year performance of VECO shares, versus its 200 day moving average:

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Veeco Instruments Inc.  200 Day Moving Average Chart

Looking at the chart above, VECO's low point in its 52 week range is $28.23 per share, with $44.39 as the 52 week high point — that compares with a last trade of $35.99.

According to the ETF Finder at ETF Channel, VECO makes up 1.98% of the PowerShares WilderHill Progressive Energy Portfolio ETF ( PUW) which is trading lower by about 0.9% on the day Monday.

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