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F5 Networks Bearish Moving Average Crossover Alert (FFIV)

By Shiri Gupta

Today, shares of F5 Networks (NASDAQ:FFIV) have fallen below their 10-day MA of $139.70 on a volume of 324K shares. This may provide short-term investors a chance for a short position, as such a crossover often suggests lower prices in the near term.

In the past 52 weeks, F5 Networks share prices have been bracketed by a low of $131.53 and a high of $199.71 and are now at $136.32, 4% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.5% while the 50-day MA has declined 0.9%.

SmarTrend is monitoring the recent change of momentum in F5 Networks. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of F5 Networks in search of a potential trend change.

Keywords: moving crosses F5 Networks

Ticker(s): FFIV