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Bullish Moving Average Cross by First American F (FAF)

By David Diaz

First American F (NYSE:FAF) crossed over its 10-day moving average of $58.63 on a volume of 120K 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.

First American F share prices have moved between a 52-week high of $60.48 and a 52-week low of $41.96 and are now trading 40% above that low price at $58.75 per share. Over the past week, the 200-day moving average (MA) has gone up 0.6% while the 50-day MA has advanced 0.8%.

SmarTrend is tracking the current trend status for First American F and will alert subscribers who have FAF in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses first american f

Ticker(s): FAF