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Arris Group Bullish Moving Average Crossover Alert (ARRS)

By Shiri Gupta

Today, shares of Arris Group (NASDAQ:ARRS) have crossed bullishly above their 10-day moving average of $25.17 on a volume of 3.3 million shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Arris Group share prices have moved between a 52-week high of $34.90 and a 52-week low of $20.05 and are now trading 37% above that low price at $27.56 per share. Over the last five market days, the 200-day moving average (MA) has gone down 0.5% while the 50-day MA has advanced 0.2%.

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

Keywords: moving crosses Arris Group

Ticker(s): ARRS