Cirrus logic share under 50-day line-downward trend continues

Cirrus logic share under 50-day line-downward trend continues

The Cirrus Logic Inc. share is in a downward trend in all time intervals. The course recently thwarted the 20-day GD line and currently noted 2.30 percent below 71.65. The next price target is expected to reach the 6-month low of 68.00, which corresponds to a potential downward potential of 2.86 percent.

The high and low points of the Cirrus Logic share in different periods also show a downward trend. Within the last 6 months, the course fluctuated between a high of 100.00 and a low of 68.00. In the past 15 years, the course has even reached a low of 1.63. These values illustrate the declining trend of the stock.

Compared to other Peer Group companies, the on Semiconductor share is currently the most. It has a distance of 29.64 percent to the 200-day GD.