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Bullish Moving Average Cross by Fiserv Inc (FISV)

By Nick Russo

Fiserv Inc (NASDAQ:FISV) crossed over its 10-day moving average of $94.13 on a volume of 257K 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.

In the past 52 weeks, Fiserv Inc share prices have been bracketed by a low of $68.45 and a high of $95.42 and are now at $94.50, 38% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.6% while the 200-day MA has risen 0.2%.

SmarTrend recommended that subscribers consider buying shares of Fiserv Inc on May 21st, 2019 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $88.39. Since that recommendation, shares of Fiserv Inc have risen 6.2%. We continue to monitor FISV for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses fiserv inc

Ticker(s): FISV