RF Micro (RFMD) Gets Above $4 Level on Volume; Volatility Lower

September 11, 2012 11:45 AM EDT
Get Alerts RFMD Hot Sheet
Trade RFMD Now!
Join SI Premium – FREE
RF Micro Devices (Nasdaq: RFMD) shares are on the move Tuesday on stronger volume as the stock breaks above the $4 resistance level.

Nothing specific is out on the stock, but shares have popped above several moving averages, including the 50- and 100-day SMAs.

On the move today, implied volatility appears to be down about 2.5 percent from Monday's close, though volatility is about 9 points over its trailing average.

Shares of RF Micro are 9.2 percent better on the session. The pop today nearly fills the gap that RF dropped below following first-quarter results in July.

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In

Related Categories

Options, Technicals, Trader Talk

Related Entities

Options, Earnings

Add Your Comment