• Return to Headlines

Qorvo Inc Crosses Above its 10-day MA (QRVO)

By Shiri Gupta

Qorvo Inc (NASDAQ:QRVO) shares have crossed bullishly above their 10-day moving average of $76.54 on a volume of 159K shares. This may provide swing traders with an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, shares of Qorvo Inc have traded between a low of $54.74 and a high of $86.84 and are now at $76.86, which is 40% above that low price. The 200-day and 50-day moving averages have moved 0.48% higher and 1.16% higher over the past week, respectively.

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

Keywords: moving crosses qorvo inc

Ticker(s): QRVO