• Return to Headlines

Cirrus Logic Inc Bearish Moving Average Crossover Alert (CRUS)

By James Quinn

Cirrus Logic Inc (NASDAQ:CRUS) crossed under its 10-day moving average of $39.55 on a volume of 165K shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

Over the past year, Cirrus Logic Inc has traded in a range of $34.78 to $58.80 and is now at $38.87, 12% above that low. Over the past week, the 200-day moving average (MA) has gone down 0.4% while the 50-day MA has remained constant.

SmarTrend is monitoring the recent change of momentum in Cirrus Logic Inc. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Cirrus Logic Inc in search of a potential trend change.

Keywords: moving crosses cirrus logic inc

Ticker(s): CRUS