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

By David Diaz

Today, shares of ARM Holdings (NASDAQ:ARMH) have crossed bearishly below their 10-day moving average of $43.19 on a volume of 281K 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, shares of ARM Holdings have traded between a low of $36.68 and a high of $54.41 and are now at $42.95, which is 17% above that low price. 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