Bullish Moving Average Cross by ARM Holdings (ARMH)
Today, shares of ARM Holdings (NASDAQ:ARMH) have advanced above their 10-day MA of $40.99 on a volume of 286K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher 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 $41.18, which is 12% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.2% while the 200-day MA has slid 0.3%.
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