Integrated Device Technology Crosses Below its 10-day MA (IDTI)
Integrated Device Technology (NASDAQ:IDTI) crossed under its 10-day moving average of $21.78 on a volume of 6.5 million shares. This may provide swing traders with an opportunity for a short position, as such a crossover often suggests lower prices in the near term.
In the past 52 weeks, shares of Integrated Device Technology have traded between a low of $4.60 and a high of $29.04 and are now at $19.93, which is 333% above that low price. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.6%.
SmarTrend is tracking the current trend status for Integrated Device Technology and will alert subscribers who have IDTI in their portfolio or watchlist when shares have changed trend direction.
Keywords: moving crosses integrated device technology