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Cypress Semiconductor Bullish Moving Average Crossover Alert (CY)

By Shiri Gupta

Today, shares of Cypress Semiconductor (NYSE:CY) have advanced above their 10-day MA of $13.33 on a volume of 2.5 million shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.

Cypress Semiconductor share prices have moved between a 52-week high of $14.98 and a 52-week low of $6.30 and are now trading 113% above that low price at $13.45 per share. The 200-day and 50-day moving averages have moved 0.46% lower and 1.73% higher over the past week, respectively.

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

Keywords: moving crosses cypress semiconductor

Ticker(s): CY