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Bullish Moving Average Cross by Electronic Arts (EA)

By David Diaz

Electronic Arts (NASDAQ:EA) crossed over its 10-day moving average of $141.29 on a volume of 354K 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.

Over the past year, Electronic Arts has traded in a range of $71.01 to $147.13 and is now at $141.59, 99% above that low. The 200-day and 50-day moving averages have moved 0.43% higher and 1.30% higher over the past week, respectively.

SmarTrend recommended that subscribers consider buying shares of Electronic Arts on May 9th, 2018 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $129.26. Since that recommendation, shares of Electronic Arts have risen 9.1%. We continue to monitor EA for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses Electronic Arts

Ticker(s): EA