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Arista Networks Crosses Below its 10-day MA (ANET)

By Shiri Gupta

Arista Networks (NYSE:ANET) shares have crossed bearishly below their 10-day moving average of $238.19 on a volume of 3.0 million shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

In the past 52 weeks, Arista Networks share prices have been bracketed by a current low of $173.31 and a high of $331.27 and are now at $178.50. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.9% while the 200-day MA has risen 0.3%.

SmarTrend is monitoring the recent change of momentum in Arista Networks. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Arista Networks in search of a potential trend change.

Keywords: moving crosses arista networks

Ticker(s): ANET