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Anthem Inc Crosses Above its 10-day MA (ANTM)

By Shiri Gupta

Anthem Inc (NYSE:ANTM) shares have crossed bullishly above their 10-day moving average of $223.92 on a volume of 171K 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, Anthem Inc share prices have been bracketed by a low of $114.85 and a high of $267.95 and are now at $224.13, 95% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.3% while the 50-day MA has advanced 0.5%.

SmarTrend recommended that its subscribers protect gains by selling shares of Anthem Inc on February 5th, 2018 by issuing a Downtrend alert when the shares were trading at $233.74. Since that call, shares of Anthem Inc have fallen 4.6%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: moving crosses anthem inc

Ticker(s): ANTM