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Bullish Moving Average Cross by Lkq Corp (LKQ)

By David Diaz

Today, shares of Lkq Corp (NASDAQ:LKQ) have crossed bullishly above their 10-day moving average of $30.44 on a volume of 114K 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.

Over the past year, Lkq Corp has traded in a range of $22.74 to $33.17 and is now at $31.13, 37% above that low. Over the last five market days, the 200-day moving average (MA) has gone up 0.4% while the 50-day MA has advanced 0.8%.

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

Keywords: moving crosses lkq corp

Ticker(s): LKQ