ARM Holdings Crosses Above its 10-day MA (ARMH)
Today, shares of ARM Holdings (NASDAQ:ARMH) have crossed bullishly above their 10-day moving average of $43.44 on a volume of 638K 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 20% above that low price at $43.93 per share. Over the past week, the 200-day moving average (MA) has gone down 0.3% while the 50-day MA has advanced 0.2%.
SmarTrend is monitoring the recent change of momentum in ARM Holdings. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of ARM Holdings in search of a potential trend change.
Keywords: moving crosses arm holdings