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Bullish Moving Average Cross by Ctrip.com International (CTRP)

By Nick Russo

Today, shares of Ctrip.com International (NASDAQ:CTRP) have crossed bullishly above their 10-day moving average of $43.46 on a volume of 1.7 million shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, Ctrip.com International share prices have been bracketed by a low of $27.25 and a high of $57.36 and are now at $44.18, 62% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.4% while the 200-day MA has risen 0.4%.

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

Keywords: moving crosses ctrip.com international

Ticker(s): CTRP