SSNI Makes Notable Cross Below Critical Moving Average

In trading on Friday, shares of Silver Spring Networks Inc (SSNI) crossed below their 200 day moving average of $13.10, changing hands as low as $11.56 per share. Silver Spring Networks Inc shares are currently trading off about 6% on the day. The chart below shows the one year performance of SSNI shares, versus its 200 day moving average:

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Silver Spring Networks Inc 200 Day Moving Average Chart

Looking at the chart above, SSNI's low point in its 52 week range is $9.55 per share, with $16.18 as the 52 week high point — that compares with a last trade of $12.68.

According to the ETF Finder at ETF Channel, SSNI makes up 3.93% of the First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund ETF ( GRID) which is trading lower by about 5.2% on the day Friday.

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