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Bullish Moving Average Cross by Fidelity Nationa (FIS)

By Amy Schwartz

Fidelity Nationa (NYSE:FIS) crossed over its 10-day moving average of $90.01 on a volume of 148K shares. This may provide short-term investors a chance 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 $68.03 to $92.78 and is now at $90.12, 32% above that low. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.3% while the 200-day MA has risen 0.2%.

SmarTrend recommended that subscribers consider buying shares of Fidelity Nationa on April 21st, 2017 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $82.13. Since that recommendation, shares of Fidelity Nationa have risen 9.4%. 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