• Return to Headlines

F5 Networks: New 52-Week Low Set Today (FFIV)

By James Quinn

F5 Networks (NASDAQ:FFIV) traded today at a new 52-week low of $129.13. Approximately 102,000 shares have changed hands today, as compared to an average 30-day volume of 756,000 shares.

F5 Networks, Inc. develops, markets, and sells application delivery networking products that optimize the security, performance, and availability of network applications, servers, and storage systems.

F5 Networks has overhead space with shares priced $129.13, or 15.8% below the average consensus analyst price target of $153.38. The stock should run into initial resistance at its 50-day moving average (MA) of $142.71 and subsequent resistance at its 200-day MA of $156.88.

F5 Networks share prices have moved between a 52-week high of $199.71 and the current low of $129.13 and are currently at $129.13 per share. The 200-day and 50-day moving averages have moved 0.33% lower and 0.1% lower over the past week, respectively.

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: 52 week high/lows F5 Networks

Ticker(s): FFIV