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Moving Average Crossover Alert: Silicon Laboratories (SLAB) - Tale of the Tape

Posted
9/3/2013 7:18:00 AM
By: Zacks.com
Referenced Stocks:SLAB

Silicon Laboratories ( SLAB ) could be a stock to avoid from a technical perspective, as the firm is seeing unfavorable trends on the moving average crossover front. Recently, the 50 Day Moving Average for SLAB broke out below the 200 Day Simple Moving Average, suggesting short-term bearishness.

This has already started to take place, as the stock has moved lower by 3.6% in the past four weeks. Plus, the company currently has a Zacks Rank #5 (Strong Sell) meaning that now could definitely be the time to get out of this potentially in-trouble stock.



SILICON LAB INC (SLAB): Free Stock Analysis Report

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