• Return to Headlines

Bullish Moving Average Cross by Glacier Bancorp (GBCI)

By James Quinn

Glacier Bancorp (NASDAQ:GBCI) crossed over its 10-day moving average of $33.35 on a volume of 144K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, Glacier Bancorp share prices have been bracketed by a low of $24.58 and a high of $38.17 and are now at $33.46, 36% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.3% while the 50-day MA has advanced 0.6%.

SmarTrend recommended that its subscribers protect gains by selling shares of Glacier Bancorp on July 28th, 2017 by issuing a Downtrend alert when the shares were trading at $34.28. Since that call, shares of Glacier Bancorp have fallen 3.1%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: moving crosses glacier bancorp

Ticker(s): GBCI