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Skyworks Solutio Bearish Moving Average Crossover Alert (SWKS)

By Shiri Gupta

Today, shares of Skyworks Solutio (NASDAQ:SWKS) have fallen below their 10-day MA of $100.41 on a volume of 2.6 million shares. This may provide short-term investors a chance for a short position, as such a crossover often suggests lower prices in the near term.

Skyworks Solutio share prices have moved between a 52-week high of $117.65 and a 52-week low of $86.13 and are now trading 14% above that low price at $98.12 per share. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.5%.

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

Keywords: moving crosses skyworks solutio

Ticker(s): SWKS