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Bullish Moving Average Cross by Netscout Systems (NTCT)

By David Diaz

Netscout Systems (NASDAQ:NTCT) shares have crossed bullishly above their 10-day moving average of $22.38 on a volume of 284K 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, Netscout Systems share prices have been bracketed by a low of $20.94 and a high of $30.30 and are now at $24.35, 16% above that low price. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has remained constant.

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

Keywords: moving crosses netscout systems

Ticker(s): NTCT