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Bullish Moving Average Cross by F5 Networks (FFIV)

By Shiri Gupta

Today, shares of F5 Networks (NASDAQ:FFIV) have advanced above their 10-day MA of $102.77 on a volume of 243K shares. This may provide swing traders with an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Over the past year, F5 Networks has traded in a range of $86.03 to $135.20 and is now at $103.18, 20% above that low. The 200-day and 50-day moving averages have moved 0.29% lower and 0.62% higher over the past week, respectively.

SmarTrend is tracking the current trend status for F5 Networks and will alert subscribers who have FFIV in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses F5 Networks

Ticker(s): FFIV