Infineon Technologies (OTCMKTS:IFNNF) Stock Crosses Below 200 Day Moving Average – Should You Sell?

Shares of Infineon Technologies AG (OTCMKTS:IFNNFGet Free Report) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $34.23 and traded as low as $26.60. Infineon Technologies shares last traded at $26.60, with a volume of 11,464 shares traded.

Infineon Technologies Stock Performance

The stock’s 50-day moving average price is $36.32 and its 200 day moving average price is $34.23.

Infineon Technologies Company Profile

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Infineon Technologies AG designs, develops, manufactures, and markets semiconductors and semiconductor-based solutions worldwide. Its Automotive segment offers automotive microcontrollers; 3D ToF, magnetic, and pressure sensors; discrete power semiconductors; IGBT modules; industrial microcontrollers; power and memory ICs; transceivers; diodes, MOSEFTs, and modules; and voltage regulators for use in assistance and safety systems, comfort electronics, infotainment, powertrain, and security products.

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