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Irobot Corp Crosses Below its 10-day MA (IRBT)

By David Diaz

Irobot Corp (NASDAQ:IRBT) crossed under its 10-day moving average of $126.87 on a volume of 109K shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

Irobot Corp share prices have moved between a 52-week high of $132.88 and a 52-week low of $56.61 and are now trading 122% above that low price at $125.64 per share. Over the past week, the 200-day moving average (MA) has gone up 1.1% while the 50-day MA has advanced 2.6%.

SmarTrend is tracking the current trend status for Irobot Corp and will alert subscribers who have IRBT in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses irobot corp

Ticker(s): IRBT