Qorvo Shares Cross Above 200 DMA
In trading on Friday, shares of Qorvo Inc (Symbol: QRVO) crossed above their 200 day moving average of $71.22, changing hands as high as $71.23 per share. Qorvo Inc shares are currently trading up about 3.1% on the day. The chart below shows the one year performance of QRVO shares, versus its 200 day moving average:
Looking at the chart above, QRVO’s low point in its 52 week range is $56.63 per share, with $81.20 as the 52 week high point – that compares with a last trade of $71.04. According to the ETF Finder at ETF Channel, QRVO makes up 3.52% of the First Trust Nasdaq Semiconductor ETF (Symbol: FTXL) which is trading up by about 1% on the day Friday.
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