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

By Shiri Gupta

Today, shares of Ctrip.com International (NASDAQ:CTRP) have crossed bullishly above their 10-day moving average of $44.00 on a volume of 790K 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, Ctrip.com International has traded in a range of $27.25 to $57.36 and is now at $44.16, 62% above that low. 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 monitoring the recent change of momentum in Ctrip.com International. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Ctrip.com International in search of a potential trend change.

Keywords: moving crosses ctrip.com international

Ticker(s): CTRP