F5 Networks (FFIV) Nears 200-Day DMA Support Level; Volatility Up on Early Dip
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F5 Networks (Nasdaq: FFIV) is slightly bouncing off of days' lows Thursday following a dramatic drop at the open.
The company is scheduled to present at a Stere Agee conference this morning after presenting at a Barclays Conference Wednesday afternoon.
Implied volatility for F5 is up 4.5 percent from Wednesday's close and at 118 percent of its trailing one-year daily average.
Notably, the stock is nearing the 200-day DMA of 108.71. The stock bounced off of the 200-day DMA last November.
The company is scheduled to present at a Stere Agee conference this morning after presenting at a Barclays Conference Wednesday afternoon.
Implied volatility for F5 is up 4.5 percent from Wednesday's close and at 118 percent of its trailing one-year daily average.
Notably, the stock is nearing the 200-day DMA of 108.71. The stock bounced off of the 200-day DMA last November.
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