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Bank of the Ozarks Bullish Moving Average Crossover Alert (OZRK)

By Shiri Gupta

Today, shares of Bank of the Ozarks (NASDAQ:OZRK) have advanced above their 10-day MA of $45.13 on a volume of 168K 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, shares of Bank of the Ozarks have traded between a low of $29.14 and a high of $56.86 and are now at $45.83, which is 57% 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 remained constant.

SmarTrend recommended that its subscribers protect gains by selling shares of Bank of the Ozarks on March 21st, 2017 by issuing a Downtrend alert when the shares were trading at $51.12. Since that call, shares of Bank of the Ozarks have fallen 12.1%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: moving crosses bank of the ozarks

Ticker(s): OZRK