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Bullish Moving Average Cross by Anthem Inc (ANTM)

By Amy Schwartz

Today, shares of Anthem Inc (NYSE:ANTM) have advanced above their 10-day MA of $266.54 on a volume of 122K 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 Anthem Inc have traded between a low of $179.40 and a high of $273.14 and are now at $268.28, which is 50% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.3% while the 50-day MA has advanced 0.6%.

SmarTrend recommended that subscribers consider buying shares of Anthem Inc on June 14th, 2018 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $239.76. Since that recommendation, shares of Anthem Inc have risen 11.1%. We continue to monitor ANTM for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses anthem inc

Ticker(s): ANTM