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Alliance Data Systems Bullish Moving Average Crossover Alert (ADS)

By James Quinn

Today, shares of Alliance Data Systems (NYSE:ADS) have crossed bullishly above their 10-day moving average of $240.00 on a volume of 207K shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, Alliance Data Systems share prices have been bracketed by a low of $176.63 and a high of $307.78 and are now at $246.43, 40% above that low price. The 200-day and 50-day moving averages have moved 0.8% lower and 0.26% lower over the past week, respectively.

SmarTrend is monitoring the recent change of momentum in Alliance Data Systems. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Alliance Data Systems in search of a potential trend change.

Keywords: moving crosses alliance data systems

Ticker(s): ADS