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ARM Holdings Crosses Above its 10-day MA (ARMH)

By David Diaz

Today, shares of ARM Holdings (NASDAQ:ARMH) have advanced above their 10-day MA of $40.43 on a volume of 762K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

ARM Holdings share prices have moved between a 52-week high of $54.41 and a 52-week low of $36.68 and are now trading 12% above that low price at $41.08 per share. Over the last five market days, the 200-day moving average (MA) has gone down 0.3% while the 50-day MA has advanced 0.2%.

SmarTrend is tracking the current trend status for ARM Holdings and will alert subscribers who have ARMH in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses arm holdings

Ticker(s): ARMH