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Bullish Moving Average Cross by Nexstar Media-A (NXST)

By Shiri Gupta

Nexstar Media-A (NASDAQ:NXST) crossed over its 10-day moving average of $104.34 on a volume of 154K 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, shares of Nexstar Media-A have traded between a low of $70.09 and a high of $119.93 and are now at $105.30, which is 50% above that low price. The 200-day and 50-day moving averages have moved 0.77% higher and 0.03% higher over the past week, respectively.

SmarTrend is monitoring the recent change of momentum in Nexstar Media-A. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Nexstar Media-A in search of a potential trend change.

Keywords: moving crosses nexstar media-a

Ticker(s): NXST