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Bullish Moving Average Cross by Fiserv (FISV)

By James Quinn

Fiserv (NASDAQ:FISV) shares have crossed bullishly above their 10-day moving average of $110.48 on a volume of 161K 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.

In the past 52 weeks, Fiserv share prices have been bracketed by a low of $77.07 and a high of $111.51 and are now at $111.05, 44% above that low price. The 200-day and 50-day moving averages have moved 0.24% higher and 0.12% higher over the past week, respectively.

SmarTrend recommended that subscribers consider buying shares of Fiserv on May 9th, 2016 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $103.38. Since that recommendation, shares of Fiserv have risen 6.7%. 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