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F5 Networks Crosses Above its 10-day MA (FFIV)

By Amy Schwartz

F5 Networks (NASDAQ:FFIV) shares have crossed bullishly above their 10-day moving average of $178.91 on a volume of 108K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

F5 Networks share prices have moved between a 52-week high of $183.27 and a 52-week low of $114.63 and are now trading 56% above that low price at $179.08 per share. Over the last five market days, the 200-day moving average (MA) has gone up 0.8% while the 50-day MA has remained constant.

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