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Bullish Moving Average Cross by Bruker Corp (BRKR)

By James Quinn

Bruker Corp (NASDAQ:BRKR) shares have crossed bullishly above their 10-day moving average of $38.54 on a volume of 467K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Over the past year, Bruker Corp has traded in a range of $26.10 to $43.74 and is now at $42.55, 63% above that low. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.2% while the 200-day MA has risen 0.6%.

SmarTrend is monitoring the recent change of momentum in Bruker Corp. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Bruker Corp in search of a potential trend change.

Keywords: moving crosses bruker corp

Ticker(s): BRKR