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Koninklijke Philips Breaks Above 200-Day Moving Average – Bullish for PHG

Koninklijke Philips Breaks Above 200-Day Moving Average – Bullish for PHG

In trading on Monday, shares of Koninklijke Philips NV (Symbol: PHG) crossed above their 200 day moving average of $27.95, changing hands as high as $28.26 per share. Koninklijke Philips NV shares are currently trading up about 1.7% on the day. The chart below shows the one year performance of PHG shares, versus its 200 day moving average:

Looking at the chart above, PHG’s low point in its 52 week range is $22.8998 per share, with $32.2381 as the 52 week high point — that compares with a last trade of $28.18.

Further PHG Research:

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Note. For informational purposes only. Not financial advice. Past performance does not guarantee future results.