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Bullish Moving Average Cross by Lazard Ltd-Cl A (LAZ)

By David Diaz

Lazard Ltd-Cl A (NYSE:LAZ) shares have crossed bullishly above their 10-day moving average of $34.21 on a volume of 106K 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.

In the past 52 weeks, Lazard Ltd-Cl A share prices have been bracketed by a low of $31.07 and a high of $54.64 and are now at $34.32, 10% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.5% while the 50-day MA has declined 0.5%.

SmarTrend is tracking the current trend status for Lazard Ltd-Cl A and will alert subscribers who have LAZ in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses lazard ltd-cl a

Ticker(s): LAZ