Stocks Crossing 50-Day SMA 09/06: (NOK) (MGM) (ATML) Above; (DCTH) (MKTX) (TFM) Below

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The following is a list of stocks crossing the 50-day simple moving average (SMA) and are either above or below the metric. The 50-day is considered an indicator of a potential near-term trend formation.

Crossing and above:

• Nokia Corp. (NYSE: NOK) - up 3.4 percent. After dropping 16 percent Wednesday, Nokia is back on it with a 3.5 percent rise above its 50-day today. Most of the ado (er...adon't) is about Windows Phone 8 and the lack of pizzazz that Nokia brought to the table with its latest Lumia line.
  
  
• MGM Int'l (NYSE: MGM) - up 5.9 percent. Making a solid move above above $10 mark after forming somewhat of a modified head-and-shoulders patern since the start of August.
  
  
• Atmel Corporation (Nasdaq: ATML) - up 7.5 percent. Chips looking well Thursday, with Atmel up above the 50-day and $6 level today. The technical provided a little resistance over the last several sessions, though Atmel bottomed following its latest quarterly report on July 31st.
  
  
• Owens-Illinois, Inc. (NYSE: OI) - up 8.8 percent. Moving markedly higher on CFO comments today following the McLean County ruling issued Tuesday.

Crossing and below:

• Delcath Systems (Nasdaq: DCTH) - down 7.4 percent. Heads-up on Delcath. The stock has been previously supported by the 50-day, so the sharp drop below the level might be a key indicator.
  
  
• MarketAxess Holdings Inc. (Nasdaq: MKTX) - down 10.7 percent. . MarketAxess announced total monthly trading volume for August 2012 of $44.4 billion, consisting of $27.7 billion in U.S. high-grade volume, $1.6 billion in eurobond volume, and $15.2 billion in other volume. The stock showed a dramatic drop following the release.
  
  
• The Fresh Market (NYSE: TFM) - down 4.1 percent. Filed its 10-Q earlier today, giving investors better insight into how the quarter went.

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