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Bullish Moving Average Cross by Global Payments (GPN)

By David Diaz

Global Payments (NYSE:GPN) crossed over its 10-day moving average of $75.31 on a volume of 526K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Global Payments share prices have moved between a 52-week high of $79.93 and a 52-week low of $50.13 and are now trading 51% above that low price at $75.63 per share. The 200-day and 50-day moving averages have moved 0.62% higher and 1.47% higher over the past week, respectively.

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

Keywords: moving crosses global payments

Ticker(s): GPN