Bullish Moving Average Cross by CROCS (CROX)
Today, shares of CROCS (NASDAQ:CROX) have crossed bullishly above their 10-day moving average of $8.73 on a volume of 227K 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.
CROCS share prices have moved between a 52-week high of $16.05 and a 52-week low of $7.63 and are now trading 19% above that low price at $9.08 per share. Over the last five market days, the 200-day moving average (MA) has gone down 1.2% while the 50-day MA has declined 1%.
SmarTrend is tracking the current trend status for CROCS and will alert subscribers who have CROX in their portfolio or watchlist when shares have changed trend direction.
Keywords: moving crosses crocs