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Bullish Moving Average Cross by Icu Medical (ICUI)

By James Quinn

Icu Medical (NASDAQ:ICUI) crossed over its 10-day moving average of $158.11 on a volume of 120K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Icu Medical share prices have moved between a 52-week high of $321.70 and a 52-week low of $151.01 and are now trading 7% above that low price at $161.48 per share. Over the past week, the 200-day moving average (MA) has gone down 0.7% while the 50-day MA has declined 3.3%.

SmarTrend recommended that its subscribers protect gains by selling shares of Icu Medical on August 8th, 2019 by issuing a Downtrend alert when the shares were trading at $168.80. Since that call, shares of Icu Medical have fallen 7.2%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: moving crosses icu medical

Ticker(s): ICUI