• Return to Headlines

Bullish Moving Average Cross by Fiserv (FISV)

By Nick Russo

Fiserv (NASDAQ:FISV) shares have crossed bullishly above their 10-day moving average of $117.40 on a volume of 418K 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, Fiserv has traded in a range of $77.07 to $118.30 and is now at $117.68, 53% above that low. In the last five trading sessions, the 50-day moving average (MA) has remained constant while the 200-day MA has risen 0.2%.

SmarTrend recommended that subscribers consider buying shares of Fiserv on November 16th, 2016 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $102.46. Since that recommendation, shares of Fiserv have risen 14.5%. We continue to monitor FISV for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses fiserv

Ticker(s): FISV