• Return to Headlines

Bearish Moving Average Cross by Fiserv Inc (FISV)

By Shiri Gupta

Fiserv Inc (NASDAQ:FISV) shares have crossed bearishly below their 10-day moving average of $104.17 on a volume of 452K shares. This may provide swing traders with an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

In the past 52 weeks, Fiserv Inc share prices have been bracketed by a low of $68.45 and a high of $107.06 and are now at $103.98, 52% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.5% while the 50-day MA has advanced 1.3%.

SmarTrend recommended that subscribers consider buying shares of Fiserv Inc on May 21st, 2019 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $88.39. Since that recommendation, shares of Fiserv Inc have risen 19.7%. We continue to monitor FISV for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses fiserv inc

Ticker(s): FISV