In trading on Monday, shares of Adobe Systems, Inc. (Symbol: ADBE) crossed below their 200 day moving average of $76.55, changing hands as low as $71.33 per share. Adobe Systems, Inc. shares are currently trading off about 4.9% on the day. The chart below shows the one year performance of ADBE shares, versus its 200 day moving average:
Looking at the chart above, ADBE’s low point in its 52 week range is $58.51 per share, with $87.25 as the 52 week high point – that compares with a last trade of $74.86. According to the ETF Finder at ETF Channel, ADBE makes up 7.95% of the iShares North American Tech-Software ETF (Symbol: IGV) which is trading lower by about 3.5% on the day Monday.