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Bullish Moving Average Cross by NutriSystem (NTRI)

By Nick Russo

NutriSystem (NASDAQ:NTRI) crossed over its 10-day moving average of $15.23 on a volume of 271K shares. This may provide swing traders with an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Over the past year, NutriSystem has traded in a range of $7.18 to $20.54 and is now at $15.74, 119% above that low. Over the last five market days, the 200-day moving average (MA) has gone up 0.6% while the 50-day MA has declined 0.5%.

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

Keywords: moving crosses nutrisystem

Ticker(s): NTRI