Cirrus Logic, Inc. (CRUS)

Cirrus Logic, Inc. is trading at $117.21, down 2.22% on the session. The 50 day average sits at $146.45 and the 200 day at $n/a, which puts the stock in a mixed technical position. RSI is at 29.1, which reads as oversold, and MACD is bearish crossover. Volume is below average.

The nearest support is around $119.85 with resistance near $137.04, so that band frames the current range. Average daily movement is roughly $5.15, or about 4.4% of the share price, which is what any stop placement has to allow for. The overall health score of 37 out of 100 combines a trend score of 25, momentum of 28 and a risk score of 69.

Cirrus Logic, Inc., a fabless semiconductor company, develops mixed-signal processing solutions and audio products in China, the United States, and internationally. The company offers audio products, including amplifiers; codecs components that integrate analog-to-digital converters (ADCs) and digital-to-analog converters (DACs) into a single integrated circuit (IC); smart codecs, a codec with integrated digital signal processing; standalone digital signal processors; and SoundClear technology for use in smartphones, PCs, tablets, AR/VR headsets, wearables, home theatre systems, automotive entertainment systems, and professional audio systems. It also provides camera controllers, haptic and sensing solutions, and battery and power ICs for smartphones, as well as products for automotive, industrial, and imaging applications. The company markets and sells its products through direct sales force, external sales representatives, and distributors. Cirrus Logic, Inc. was incorporated in 1984 and is headquartered in Austin, Texas.