• Return to Headlines

Benefitfocus Inc Crosses Above its 10-day MA (BNFT)

By David Diaz

Today, shares of Benefitfocus Inc (NASDAQ:BNFT) have crossed bullishly above their 10-day moving average of $46.32 on a volume of 146K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Benefitfocus Inc share prices have moved between a 52-week high of $60.66 and a 52-week low of $21.75 and are now trading 114% above that low price at $46.56 per share. The 200-day and 50-day moving averages have moved 0.62% higher and 0.15% higher over the past week, respectively.

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

Keywords: moving crosses benefitfocus inc

Ticker(s): BNFT