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Bullish Moving Average Cross by Fidelity Nationa (FIS)

By Amy Schwartz

Today, shares of Fidelity Nationa (NYSE:FIS) have crossed bullishly above their 10-day moving average of $130.54 on a volume of 1.4 million shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Over the past year, Fidelity Nationa has traded in a range of $94.53 to $132.17 and is now at $131.99, 40% above that low. The 200-day and 50-day moving averages have moved 0.31% higher and 0.72% higher over the past week, respectively.

SmarTrend recommended that subscribers consider buying shares of Fidelity Nationa on January 7th, 2019 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $102.50. Since that recommendation, shares of Fidelity Nationa have risen 26.9%. We continue to monitor FIS for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses fidelity nationa

Ticker(s): FIS