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Aramark Bullish Moving Average Crossover Alert (ARMK)

By James Quinn

Aramark (NYSE:ARMK) crossed over its 10-day moving average of $38.14 on a volume of 232K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Over the past year, Aramark has traded in a range of $36.28 to $46.09 and is now at $38.27, 5% above that low. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has declined 0.8%.

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

Keywords: moving crosses aramark

Ticker(s): ARMK