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Bullish Moving Average Cross by Grupo Televisa (TV)

By Amy Schwartz

Grupo Televisa (NYSE:TV) crossed over its 10-day moving average of $26.01 on a volume of 237K shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.

Grupo Televisa share prices have moved between a 52-week high of $40.05 and a 52-week low of $23.25 and are now trading 14% above that low price at $26.56 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.9% while the 200-day MA has slid 0.5%.

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

Keywords: moving crosses grupo televisa

Ticker(s): TV