ELLI Crosses Above Key Moving Average Level

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In trading on Friday, shares of Ellie Mae Inc (Symbol: ELLI) crossed above their 200 day moving average of $95.98, changing hands as high as $96.53 per share. Ellie Mae Inc shares are currently trading up about 1.4% on the day. The chart below shows the one year performance of ELLI shares, versus its 200 day moving average: Ellie Mae Inc 200 Day Moving Average Chart

Looking at the chart above, ELLI’s low point in its 52 week range is $79.71 per share, with $114.95 as the 52 week high point – that compares with a last trade of $96.54. According to the ETF Finder at ETF Channel, ELLI makes up 1.01% of the SPDR FactSet Innovative Technology ETF (Symbol: XITK) which is trading higher by about 0.7% on the day Friday.

Click here to find out which 9 other stocks recently crossed above their 200 day moving average »

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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