Silicon Laboratories Breaks Above 200-Day Moving Average - Bullish for SLAB

In trading on Thursday, shares of Silicon Laboratories Inc (SLAB) crossed above their 200 day moving average of $45.76, changing hands as high as $46.35 per share. Silicon Laboratories Inc shares are currently trading up about 1.2% on the day. The chart below shows the one year performance of SLAB shares, versus its 200 day moving average:

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Silicon Laboratories Inc 200 Day Moving Average Chart

Looking at the chart above, SLAB's low point in its 52 week range is $36.29 per share, with $54.00 as the 52 week high point — that compares with a last trade of $45.91.

According to the ETF Finder at ETF Channel, SLAB makes up 2.40% of the SPDR S&P Semiconductor ETF ( XSD) which is trading higher by about 1% on the day Thursday.

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