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Bullish Moving Average Cross by CBOE Holdings (CBOE)

By David Diaz

Today, shares of CBOE Holdings (NASDAQ:CBOE) have advanced above their 10-day MA of $84.05 on a volume of 247K 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.

In the past 52 weeks, shares of CBOE Holdings have traded between a low of $55.04 and a high of $86.28 and are now at $84.31, which is 53% above that low price. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has remained constant.

SmarTrend recommended that subscribers consider buying shares of CBOE Holdings on January 6th, 2017 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $75.76. Since that recommendation, shares of CBOE Holdings have risen 10.8%. We continue to monitor CBOE for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses cboe holdings

Ticker(s): CBOE