Bullish Moving Average Cross by Lumber Liquidators (LL)
Lumber Liquidators (NYSE:LL) crossed over its 10-day moving average of $15.78 on a volume of 223K 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 Lumber Liquidators have traded between a low of $10.01 and a high of $29.20 and are now at $16.25, which is 62% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.8% while the 50-day MA has advanced 1.2%.
SmarTrend is tracking the current trend status for Lumber Liquidators and will alert subscribers who have LL in their portfolio or watchlist when shares have changed trend direction.
Keywords: moving crosses lumber liquidators