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Bullish Moving Average Cross by Liberty Global (LBTYK)

By Amy Schwartz

Liberty Global (NASDAQ:LBTYK) shares have crossed bullishly above their 10-day moving average of $35.94 on a volume of 2.2 million 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, Liberty Global share prices have been bracketed by a low of $29.95 and a high of $54.74 and are now at $36.20, 21% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 0.6% while the 50-day MA has remained constant.

SmarTrend is monitoring the recent change of momentum in Liberty Global. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Liberty Global in search of a potential trend change.

Keywords: moving crosses liberty global

Ticker(s): LBTYK