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Box Inc- Class A Bullish Moving Average Crossover Alert (BOX)

By David Diaz

Box Inc- Class A (NYSE:BOX) crossed over its 10-day moving average of $19.50 on a volume of 325K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Box Inc- Class A share prices have moved between a 52-week high of $29.79 and a 52-week low of $15.64 and are now trading 26% above that low price at $19.77 per share. In the last five trading sessions, the 50-day moving average (MA) has remained constant while the 200-day MA has slid 0.6%.

SmarTrend recommended that its subscribers protect gains by selling shares of Box Inc- Class A on February 27th, 2019 by issuing a Downtrend alert when the shares were trading at $22.45. Since that call, shares of Box Inc- Class A have fallen 13.6%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: moving crosses box inc- class a

Ticker(s): BOX