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Super Micro Comp Crosses Below its 10-day MA (SMCI)

By Amy Schwartz

Today, shares of Super Micro Comp (NASDAQ:SMCI) have fallen below their 10-day MA of $19.48 on a volume of 178K shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

Super Micro Comp share prices have moved between a 52-week high of $31.75 and a 52-week low of $17.55 and are now trading 7% above that low price at $18.70 per share. The 200-day and 50-day moving averages have moved 0.12% higher and 1.35% lower over the past week, respectively.

SmarTrend is tracking the current trend status for Super Micro Comp and will alert subscribers who have SMCI in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses super micro comp

Ticker(s): SMCI