• Return to Headlines

Bullish Moving Average Cross by Nevro Corp (NVRO)

By Nick Russo

Today, shares of Nevro Corp (NYSE:NVRO) have crossed bullishly above their 10-day moving average of $52.85 on a volume of 320K 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, Nevro Corp share prices have been bracketed by a low of $35.41 and a high of $94.34 and are now at $53.12, 50% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 0.5% while the 50-day MA has declined 0.7%.

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

Keywords: moving crosses nevro corp

Ticker(s): NVRO