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Bullish Moving Average Cross by Five Below (FIVE)

By David Diaz

Today, shares of Five Below (NASDAQ:FIVE) have crossed bullishly above their 10-day moving average of $117.32 on a volume of 169K 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, shares of Five Below have traded between a low of $66.83 and a high of $136.13 and are now at $117.87, which is 76% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.3% while the 200-day MA has risen 1.0%.

SmarTrend is tracking the current trend status for Five Below and will alert subscribers who have FIVE in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses five below

Ticker(s): FIVE