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Bullish Moving Average Cross by Kla-Tencor Corp (KLAC)

By James Quinn

Today, shares of Kla-Tencor Corp (NASDAQ:KLAC) have crossed bullishly above their 10-day moving average of $123.48 on a volume of 106K 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, shares of Kla-Tencor Corp have traded between a low of $80.65 and a high of $125.50 and are now at $123.63, which is 53% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.9% while the 200-day MA has risen 0.3%.

SmarTrend is tracking the current trend status for Kla-Tencor Corp and will alert subscribers who have KLAC in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses kla-tencor corp

Ticker(s): KLAC