• Return to Headlines

Bullish Moving Average Cross by Aramark (ARMK)

By Amy Schwartz

Aramark (NYSE:ARMK) shares have crossed bullishly above their 10-day moving average of $42.90 on a volume of 929K 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.

Over the past year, Aramark has traded in a range of $25.49 to $43.93 and is now at $43.90, 72% above that low. The 200-day and 50-day moving averages have moved 0.81% higher and 1.65% higher over the past week, respectively.

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

Keywords: moving crosses aramark

Ticker(s): ARMK