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Apple Bullish Moving Average Crossover Alert (AAPL)

By James Quinn

Today, shares of Apple (NASDAQ:AAPL) have advanced above their 10-day MA of $106.50 on a volume of 24.4 million shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Apple share prices have moved between a 52-week high of $132.97 and a 52-week low of $89.47 and are now trading 21% above that low price at $108.32 per share. The 200-day and 50-day moving averages have moved 0.66% lower and 0.14% lower over the past week, respectively.

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

Keywords: moving crosses Apple

Ticker(s): AAPL