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Bullish Moving Average Cross by Las Vegas Sands (LVS)

By David Diaz

Las Vegas Sands (NYSE:LVS) shares have crossed bullishly above their 10-day moving average of $60.59 on a volume of 420K shares. This may provide swing traders with 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 Las Vegas Sands have traded between a low of $41.45 and a high of $66.22 and are now at $60.78, which is 47% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.4% while the 50-day MA has declined 0.2%.

SmarTrend is tracking the current trend status for Las Vegas Sands and will alert subscribers who have LVS in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses Las Vegas Sands

Ticker(s): LVS