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Skyworks Solutio Bearish Moving Average Crossover Alert (SWKS)

By David Diaz

Skyworks Solutio (NASDAQ:SWKS) crossed under its 10-day moving average of $77.99 on a volume of 249K shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

In the past 52 weeks, Skyworks Solutio share prices have been bracketed by a low of $60.12 and a high of $94.39 and are now at $76.20, 27% above that low price. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.7%.

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

Keywords: moving crosses skyworks solutio

Ticker(s): SWKS