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

By Shiri Gupta

Ctrip.com International (NASDAQ:CTRP) shares have crossed bullishly above their 10-day moving average of $47.02 on a volume of 1.1 million 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 $47.58, 75% above that low. The 200-day and 50-day moving averages have moved 0.37% higher and 0.42% higher over the past week, respectively.

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