Bank of the Ozarks Crosses Above its 10-day MA (OZRK)
Bank of the Ozarks (NASDAQ:OZRK) crossed over its 10-day moving average of $36.77 on a volume of 317K 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, shares of Bank of the Ozarks have traded between a low of $29.14 and a high of $54.96 and are now at $37.10, which is 27% above that low price. The 200-day and 50-day moving averages have moved 0.29% lower and 0.13% higher over the past week, respectively.
SmarTrend recommended that its subscribers protect gains by selling shares of Bank of the Ozarks on April 29th, 2016 by issuing a Downtrend alert when the shares were trading at $41.17. Since that call, shares of Bank of the Ozarks have fallen 12.5%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.
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