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Bullish Moving Average Cross by Electronic Arts (EA)

By Amy Schwartz

Today, shares of Electronic Arts (NASDAQ:EA) have advanced above their 10-day MA of $63.11 on a volume of 755K 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 $53.01 to $76.92 and is now at $63.22, 19% above that low. In the last five trading sessions, the 50-day moving average (MA) has remained constant while the 200-day MA has slid 0.3%.

SmarTrend is monitoring the recent change of momentum in Electronic Arts. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Electronic Arts in search of a potential trend change.

Keywords: moving crosses Electronic Arts

Ticker(s): EA