On a relative basis, the stock has outperformed the S&P 500 by 9.08% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.69% in the last 1 week, and is up 10.84% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The company shares have dropped -3.92% from its 1 Year high price. On Dec 1, 2015, the shares registered one year high at $51.23 and the one year low was seen on Feb 11, 2016. The 50-Day Moving Average price is $43.14 and the 200 Day Moving Average price is recorded at $42.32.
The stock has recorded a 20-day Moving Average of 5.03% and the 50-Day Moving Average is 7.43%.
ARM Holdings plc (NASDAQ:ARMH): stock turned positive on Friday. Though the stock opened at $44.93, the bulls momentum made the stock top out at $45.4489 level for the day. The stock recorded a low of $44.74 and closed the trading day at $45.4, in the green by 3.70%. The total traded volume for the day was 1,570,441. The stock had closed at $43.78 in the previous days trading.
ARM Holdings plc (ARM) is a United Kingdom-based company engaged in designing of microprocessors, physical intellectual property (IP) and related technology and software, and sale of development tools. The Companys offers products, such as 16/32/64-bit RISC microprocessors, data engines, graphics processors, digital libraries, embedded memories, peripherals, software and development tools, as well as analog functions and high-speed connectivity products. The Companys product offering includes microprocessor Cores, physical IP, development tools and support and maintenance services. ARM licenses and sells its technology and products to international electronics companies, which in turn manufacture, market and sell microprocessors, application-specific integrated circuits (ASICs), application-specific standard processors (ASSPs) and microcontrollers (MCUs) based on ARMs technology to systems companies for incorporation into a variety of end products.