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Bullish Moving Average Cross by G Iii Apparel (GIII)

By David Diaz

G Iii Apparel (NASDAQ:GIII) crossed over its 10-day moving average of $23.36 on a volume of 116K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Over the past year, G Iii Apparel has traded in a range of $18.00 to $51.81 and is now at $24.00, 33% above that low. The 200-day and 50-day moving averages have moved 0.94% lower and 0.73% lower over the past week, respectively.

SmarTrend is monitoring the recent change of momentum in G Iii Apparel. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of G Iii Apparel in search of a potential trend change.

Keywords: moving crosses g iii apparel

Ticker(s): GIII