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Ii-Vi Inc Crosses Above its 10-day MA (IIVI)

By Amy Schwartz

Ii-Vi Inc (NASDAQ:IIVI) crossed over its 10-day moving average of $34.82 on a volume of 105K 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.

Ii-Vi Inc share prices have moved between a 52-week high of $53.08 and a 52-week low of $29.31 and are now trading 20% above that low price at $35.18 per share. The 200-day and 50-day moving averages have moved 0.51% lower and 0.89% lower over the past week, respectively.

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

Keywords: moving crosses ii-vi inc

Ticker(s): IIVI