• Return to Headlines

Irobot Corp Crosses Above its 10-day MA (IRBT)

By James Quinn

Today, shares of Irobot Corp (NASDAQ:IRBT) have advanced above their 10-day MA of $38.13 on a volume of 356K 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, shares of Irobot Corp have traded between a low of $32.79 and a high of $109.78 and are now at $38.35, which is 17% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 1.9% while the 200-day MA has slid 1.7%.

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

Keywords: moving crosses irobot corp

Ticker(s): IRBT