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Bullish Moving Average Cross by Nxstage Medical (NXTM)

By James Quinn

Today, shares of Nxstage Medical (NASDAQ:NXTM) have crossed bullishly above their 10-day moving average of $27.75 on a volume of 124K 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.

In the past 52 weeks, Nxstage Medical share prices have been bracketed by a low of $22.70 and a high of $28.75 and are now at $28.09, 24% above that low price. In the last five trading sessions, the 50-day moving average (MA) has remained constant while the 200-day MA has remained constant.

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

Keywords: moving crosses nxstage medical

Ticker(s): NXTM