MSPD CROSSES BELOW KEY MOVING AVERAGE LEVEL

In trading on Tuesday, shares of Mindspeed Technologies Inc (NASDAQ:MSPD) crossed below their 200 day moving average of $7.51, changing hands as low as $7.37 per share. Mindspeed Technologies Inc shares are currently trading down about 4.6% on the day. The chart below shows the one year performance of MSPD shares, versus its 200 day moving average:

Looking at the chart above, MSPD's low point in its 52 week range is $5.25 per share, with $9.40 as the 52 week high point — that compares with a last trade of $7.50.
MSPD operates in the Semiconductors sector, among companies like Xilinx, Inc. (NASDAQ:XLNX) which is down about 3.8% today, and Arm Holdings Plc (NASDAQ:ARMH) trading lower by about 2.8%. Below is a three month price history chart comparing the stock performance of MSPD, versus XLNX and ARMH.
 

Source: http://www.marketnewsvideo.com/article/201107/mspd-crosses-below-key-moving-average-level-mspd-xlnx-armh-MSPD07122011.htm/


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