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Athenahealth Inc Bullish Moving Average Crossover Alert (ATHN)

By David Diaz

Today, shares of Athenahealth Inc (NASDAQ:ATHN) have crossed bullishly above their 10-day moving average of $145.08 on a volume of 158K shares. This may provide swing traders with an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, Athenahealth Inc share prices have been bracketed by a low of $90.11 and a high of $158.66 and are now at $147.60, 64% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has advanced 0.2%.

SmarTrend is tracking the current trend status for Athenahealth Inc and will alert subscribers who have ATHN in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses athenahealth inc

Ticker(s): ATHN