CAMP Makes Notable Cross Below Critical Moving Average

In trading on Friday, shares of CalAmp Corp (CAMP) crossed below their 200 day moving average of $18.53, changing hands as low as $18.26 per share. CalAmp Corp shares are currently trading off about 1.7% on the day. The chart below shows the one year performance of CAMP shares, versus its 200 day moving average:

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CalAmp Corp 200 Day Moving Average Chart

Looking at the chart above, CAMP's low point in its 52 week range is $15.32 per share, with $22.36 as the 52 week high point — that compares with a last trade of $18.35.

According to the ETF Finder at ETF Channel, CAMP makes up 2.10% of the SPDR S&P Telecom ETF ( XTL) which is trading lower by about 0.9% on the day Friday.

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