user warning: Table './fnndrupaldev/term_node' is marked as crashed and last (automatic?) repair failed query: SELECT t.* FROM term_node r INNER JOIN term_data t ON r.tid = t.tid INNER JOIN vocabulary v ON t.vid = v.vid WHERE r.vid = 437531 ORDER BY v.weight, t.weight, t.name in /var/www/www.fnno.com/htdocs/modules/taxonomy/taxonomy.module on line 617.

Calix Bearish Moving Average Crossover Alert (CALX)

Published on Wed, 02/06/2013 - 12:20
By Mallory Stone

Today, shares of Calix (NYSE:CALX) have crossed bearishly below their 10-day moving average of $7.94 on a volume of 1.1 million shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

Calix, Inc. provides communications access systems and software that enable communications service providers, or CSPs, to connect to their residential and business subscribers. The Company's products encompass its multiservice, multiprotocol access platform and its Ethernet service access platforms.

Calix (NYSE:CALX) has potential upside of 2.0% based on a current price of $7.66 and analysts' consensus price target of $7.81. The stock should discover initial support at its 50-day moving average (MA) of $7.52 and subsequent support at its 200-day MA of $6.77.

Calix share prices have moved between a 52-week high of $12.21 and a 52-week low of $4.25 and are now trading 80% above that low price at $7.66 per share. Over the last five market days, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has advanced 1.5%.

By Mallory Stone
mstone@fnno.com

Latest News from FNNO

UBS Made the Right Call, ArcelorMittal 4...

UBS upgraded ArcelorMittal (NYSE:MT) from Sell to Buy a week ago. The stock closed at ...

Relatively Good Performance Detected in ...

We looked at the Tobacco industry and measured relative performance to find the top sto ...

Shares of Ocwen Financial Rank the Highe...

Here are the top 5 stocks in the Thrifts & Mortgage Finance industry ranked by performa ...

Best Relative Performance in the Systems...

We looked at the Systems Software industry and measured relative performance to find th ...

Top 5 Companies in the Steel Industry wi...

Below are the top five companies in the Steel industry as measured by relative performa ...

FelCor Lodging Trust is Among the Compan...

Here are the top 5 stocks in the Specialized REITs industry ranked by performance. We ...

Amkor Technology has the Best Relative P...

We looked at the Semiconductor Equipment industry and measured relative performance to ...

DDR has the Best Relative Performance in...

Below are the top five companies in the Retail REITs industry as measured by relative p ...