• Return to Headlines

Cirrus Logic Inc Bearish Moving Average Crossover Alert (CRUS)

By David Diaz

Today, shares of Cirrus Logic Inc (NASDAQ:CRUS) have crossed bearishly below their 10-day moving average of $38.99 on a volume of 323K shares. This may provide swing traders with an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

Cirrus Logic Inc share prices have moved between a 52-week high of $100.02 and a 52-week low of $34.78 and are now trading 10% above that low price at $38.27 per share. Over the last five market days, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has advanced 0.3%.

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