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Skyworks Solutio Bullish Moving Average Crossover Alert (SWKS)

By David Diaz

Skyworks Solutio (NASDAQ:SWKS) shares have crossed bullishly above their 10-day moving average of $81.69 on a volume of 784K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher 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 $115.98 and are now at $85.27, 42% above that low price. The 200-day and 50-day moving averages have moved 0.43% lower and 1.56% higher over the past week, respectively.

SmarTrend recommended that subscribers consider buying shares of Skyworks Solutio on January 18th, 2019 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $69.73. Since that recommendation, shares of Skyworks Solutio have risen 16.8%. We continue to monitor SWKS for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses skyworks solutio

Ticker(s): SWKS