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Bullish Moving Average Cross by Electronic Arts (EA)

By Amy Schwartz

Today, shares of Electronic Arts (NASDAQ:EA) have crossed bullishly above their 10-day moving average of $111.70 on a volume of 530K 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, Electronic Arts share prices have been bracketed by a low of $53.01 and a high of $116.04 and are now at $113.21, 114% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.3% while the 50-day MA has remained constant.

SmarTrend recommended that subscribers consider buying shares of Electronic Arts on January 27th, 2017 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $82.56. Since that recommendation, shares of Electronic Arts have risen 33.9%. 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