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Cirrus Logic (CRUS) Showing Signs Of Perilous Reversal Today

Trade-Ideas LLC identified Cirrus Logic ( CRUS) as a "perilous reversal" (up big yesterday but down big today) candidate. In addition to specific proprietary factors, Trade-Ideas identified Cirrus Logic as such a stock due to the following factors:

  • CRUS has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $70.3 million.
  • CRUS has traded 192,048 shares today.
  • CRUS is down 4% today.
  • CRUS was up 7.7% yesterday.

EXCLUSIVE OFFER: Get the inside scoop on opportunities in CRUS with the Ticky from Trade-Ideas. See the FREE profile for CRUS NOW at Trade-Ideas More details on CRUS: Cirrus Logic, Inc., a fabless semiconductor company, develops analog and mixed-signal integrated circuits for a range of consumer and industrial markets. CRUS has a PE ratio of 1. Currently there are 4 analysts that rate Cirrus Logic a buy, no analysts rate it a sell, and 2 rate it a hold. The average volume for Cirrus Logic has been 1.7 million shares per day over the past 30 days. Cirrus...