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Bullish Moving Average Cross by Amdocs Ltd (DOX)

By Nick Russo

Today, shares of Amdocs Ltd (NASDAQ:DOX) have advanced above their 10-day MA of $54.77 on a volume of 1.6 million 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.

Over the past year, Amdocs Ltd has traded in a range of $52.60 to $70.31 and is now at $58.81, 12% above that low. Over the last five market days, the 200-day moving average (MA) has gone down 0.4% while the 50-day MA has declined 0.3%.

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

Keywords: moving crosses amdocs ltd

Ticker(s): DOX