Ruckus Wireless Breaks Above 200-Day Moving Average - Bullish for RKUS

In trading on Wednesday, shares of Ruckus Wireless Inc (RKUS) crossed above their 200 day moving average of $11.96, changing hands as high as $12.08 per share. Ruckus Wireless Inc shares are currently trading up about 2.4% on the day. The chart below shows the one year performance of RKUS shares, versus its 200 day moving average:

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Ruckus Wireless Inc 200 Day Moving Average Chart

Looking at the chart above, RKUS's low point in its 52 week range is $8.65 per share, with $15.55 as the 52 week high point — that compares with a last trade of $12.01.

RKUS makes up 2.77% of the PowerShares Dynamic Networking Portfolio ETF ( PXQ)

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