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Blackrock Inc Bullish Moving Average Crossover Alert (BLK)

By James Quinn

Today, shares of Blackrock Inc (NYSE:BLK) have crossed bullishly above their 10-day moving average of $558.51 on a volume of 119K 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 Blackrock Inc have traded between a low of $317.60 and a high of $594.52 and are now at $560.46, which is 76% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.0% while the 200-day MA has remained constant.

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

Keywords: moving crosses blackrock inc

Ticker(s): BLK