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Bullish Moving Average Cross by Fiserv (FISV)

By James Quinn

Fiserv (NASDAQ:FISV) crossed over its 10-day moving average of $99.93 on a volume of 133K 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.

Fiserv share prices have moved between a 52-week high of $111.51 and a 52-week low of $77.07 and are now trading 30% above that low price at $100.14 per share. Over the past week, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has remained constant.

SmarTrend recommended that its subscribers protect gains by selling shares of Fiserv on August 3rd, 2016 by issuing a Downtrend alert when the shares were trading at $104.93. Since that call, shares of Fiserv have fallen 5.3%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: moving crosses fiserv

Ticker(s): FISV