Cirrus Logic Stock Forecast

Sell candidate since May 21, 2025 Loss -2.04%

The Cirrus Logic stock price fell by -2.04% on the last day (Thursday, 22nd May 2025) from $104.31 to $102.18. During the last trading day the stock fluctuated 2.87% from a day low at $102.06 to a day high of $104.99. The price has been going up and down for this period, and there has been a 4.72% gain for the last 2 weeks. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -145 thousand shares and in total, 510 thousand shares were bought and sold for approximately $52.13 million.

The stock lies the upper part of a very wide and falling trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break up at the top trend line at $106.98 will firstly indicate a slower falling rate, but may be the first sign of a trend shift. Given the current short-term trend, the stock is expected to fall -4.26% during the next 3 months and, with a 90% probability hold a price between $71.85 and $102.42 at the end of this 3-month period.

CRUS Signals & Forecast

The Cirrus Logic stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately $105.49. On a fall, the stock will find some support from the long-term average at approximately $94.48. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Wednesday, May 14, 2025, and so far it has fallen -4.90%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.

Support, Risk & Stop-loss for Cirrus Logic stock

Cirrus Logic finds support from accumulated volume at $99.79 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $2.93 between high and low, or 2.87%. For the last week, the stock has had daily average volatility of 1.83%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (CRUS) For The Upcoming Trading Day Of Friday 23rd

For the upcoming trading day on Friday, 23rd we expect Cirrus Logic to open at $103.08, and during the day (based on 14 day Average True Range), to move between $99.07 and $105.29, which gives a possible trading interval of +/-$3.11 (+/-3.05%) up or down from last closing price. If Cirrus Logic takes out the full calculated possible swing range there will be an estimated 6.09% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $102.40 (0.22%) than the support at $99.79 (2.34%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Cirrus Logic stock A Buy?

Cirrus Logic holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.

Current score: -3.073 Sell Candidate Unchanged

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Predicted Fair Opening Price

Predicted fair opening price on May 23, 2025 - $103.08 ( 0.88%).