Home / Daily News / Calix, Inc. (NYSE:CALX) Dips Under Moving Averages

 

Calix, Inc. (NYSE:CALX) stock has been on a recent steady downtrend, causing some concern for shareholders.

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In order to gauge which way a stock is trending, you must compare a stock’s share price to its moving average.  Uptrending stocks trade above their moving averages, while downtrending stocks trade below. 

It is important to consider the moving averages of a downtrending security.  We see here that Calix, Inc. (NYSE:CALX) is -1.64% away from the 20-Day Simple Moving Average.  Their 50-Day Simple Moving Average is a difference of 5.40% from current levels.  Further back, their 200-Day Simple Moving Average is 9.20% difference from today’s price.  Currently, the stock is -7.03% from its 50-Day High and 26.09% from the 50-day low. 

RSI and Recommendations

Calix, Inc.’s RSI is 50.83.  Based on the stock’s volatility for the week, which is a statistical measure of the dispersion of returns for a given stock and represents average daily high/low percentage range of 2.64% and month of 2.51%.  Wall Street analysts have a consensus 2.30 recommendation on the stock.  

Historical Growth

Calix, Inc. (NYSE:CALX)’s performance this year to date is -22.67%.  The stock has performed -2.84% over the last seven days, -1.05% over the last thirty, and 29.33% over the last three months.  Over the last six months, Calix, Inc.’s stock has been 23.00% and -21.87% for the year.

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