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Silicon Labs Crosses Above its 10-day MA (SLAB)

By James Quinn

Silicon Labs (NASDAQ:SLAB) crossed over its 10-day moving average of $80.70 on a volume of 169K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Silicon Labs share prices have moved between a 52-week high of $110.70 and a 52-week low of $73.13 and are now trading 11% above that low price at $81.50 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.2% while the 200-day MA has slid 0.5%.

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

Keywords: moving crosses silicon labs

Ticker(s): SLAB