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Bullish Moving Average Cross by Flir Systems (FLIR)

By Amy Schwartz

Today, shares of Flir Systems (NASDAQ:FLIR) have crossed bullishly above their 10-day moving average of $50.52 on a volume of 119K 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, Flir Systems share prices have been bracketed by a low of $28.26 and a high of $52.88 and are now at $50.70, 79% above that low price. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has remained constant.

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

Keywords: moving crosses flir systems

Ticker(s): FLIR