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Bullish Moving Average Cross by Qorvo Inc (QRVO)

By Shiri Gupta

Today, shares of Qorvo Inc (NASDAQ:QRVO) have crossed bullishly above their 10-day moving average of $73.56 on a volume of 170K 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, Qorvo Inc share prices have been bracketed by a low of $54.74 and a high of $86.84 and are now at $76.24, 39% above that low price. The 200-day and 50-day moving averages have moved 0.31% higher and 0.15% lower over the past week, respectively.

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

Keywords: moving crosses qorvo inc

Ticker(s): QRVO