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Bullish Moving Average Cross by Barracuda Networ (CUDA)

By Amy Schwartz

Today, shares of Barracuda Networ (NYSE:CUDA) have advanced above their 10-day MA of $22.71 on a volume of 745K 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, Barracuda Networ has traded in a range of $13.91 to $26.69 and is now at $23.77, 71% above that low. In the last five trading sessions, the 50-day moving average (MA) has climbed 2.4% while the 200-day MA has slid 1.4%.

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

Keywords: moving crosses barracuda networ

Ticker(s): CUDA