Bullish Moving Average Cross by Apollo Group (APOL)
Today, shares of Apollo Group (NASDAQ:APOL) have advanced above their 10-day MA of $28.14 on a volume of 1.1 million 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.
Apollo Group share prices have moved between a 52-week high of $35.92 and a 52-week low of $16.88 and are now trading 68% above that low price at $28.36 per share. Over the past week, the 200-day moving average (MA) has gone up 0.8% while the 50-day MA has declined 1.2%.
SmarTrend is monitoring the recent change of momentum in Apollo Group. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Apollo Group in search of a potential trend change.
Keywords: moving crosses APollo Group