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Bullish Moving Average Cross by Express Scripts (ESRX)

By Amy Schwartz

Express Scripts (NASDAQ:ESRX) crossed over its 10-day moving average of $62.49 on a volume of 320K 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.

Express Scripts share prices have moved between a 52-week high of $80.02 and a 52-week low of $57.80 and are now trading 9% above that low price at $62.88 per share. Over the past week, the 200-day moving average (MA) has gone down 0.5% while the 50-day MA has advanced 0.5%.

SmarTrend is tracking the current trend status for Express Scripts and will alert subscribers who have ESRX in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses Express Scripts

Ticker(s): ESRX