Bullish Moving Average Cross by Natus Medical (BABY)
Today, shares of Natus Medical (NASDAQ:BABY) have crossed bullishly above their 10-day moving average of $40.92 on a volume of 303K 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, Natus Medical share prices have been bracketed by a low of $29.34 and a high of $51.05 and are now at $42.40, 45% 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 0.9%.
SmarTrend recommended that subscribers consider buying shares of Natus Medical on April 25th, 2016 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $33.77. Since that recommendation, shares of Natus Medical have risen 17.6%. We continue to monitor BABY for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: moving crosses natus medical