• Return to Headlines

Bullish Moving Average Cross by International Ga (IGT)

By Shiri Gupta

International Ga (NYSE:IGT) crossed over its 10-day moving average of $19.84 on a volume of 712K 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.

Over the past year, International Ga has traded in a range of $18.25 to $31.00 and is now at $20.11, 10% above that low. In the last five trading sessions, the 50-day moving average (MA) has fallen 1.3% while the 200-day MA has slid 0.5%.

SmarTrend recommended that its subscribers protect gains by selling shares of International Ga on August 6th, 2018 by issuing a Downtrend alert when the shares were trading at $22.24. Since that call, shares of International Ga have fallen 11.5%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: moving crosses international ga

Ticker(s): IGT