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Bullish Moving Average Cross by G Iii Apparel (GIII)

By Nick Russo

G Iii Apparel (NASDAQ:GIII) crossed over its 10-day moving average of $45.58 on a volume of 1.5 million 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.

G Iii Apparel share prices have moved between a 52-week high of $51.81 and a 52-week low of $18.00 and are now trading 173% above that low price at $49.18 per share. Over the past week, the 200-day moving average (MA) has gone up 1.3% while the 50-day MA has declined 0.4%.

SmarTrend recommended that subscribers consider buying shares of G Iii Apparel on February 27th, 2018 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $38.24. Since that recommendation, shares of G Iii Apparel have risen 15.2%. We continue to monitor GIII for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses g iii apparel

Ticker(s): GIII