ARRIS Group (ARRS) Shares are Up 4.83%

ARRIS Group (ARRS) : Traders are bullish on ARRIS Group (ARRS) as it has outperformed the S&P 500 by a wide margin of 4.77% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 4.3%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 4.83% in the last 1 week, and is up 4.63% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

The stock has recorded a 20-day Moving Average of 3.76% and the 50-Day Moving Average is 11.7%.The 200 Day SMA reached 12.92%. ARRIS International plc is up 17.17% in the last 3-month period. Year-to-Date the stock performance stands at -6.93%.


ARRIS Group (NASDAQ:ARRS): After opening at $28.46, the stock dipped to an intraday low of $28.2 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $28.5 and the buying power remained strong till the end. The stock closed at $28.45 for the day, a gain of 0.67% for the day session. The total traded volume was 960,073. The stocks close on the previous trading day was $28.26.

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