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Bullish Moving Average Cross by NxStage Medical (NXTM)

By Amy Schwartz

Today, shares of NxStage Medical (NASDAQ:NXTM) have crossed bullishly above their 10-day moving average of $19.84 on a volume of 477K shares. Swing traders may find 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 $13.47 and a high of $22.60 and are now at $20.25, 50% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.2% while the 200-day MA has risen 0.3%.

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

Keywords: moving crosses nxstage medical

Ticker(s): NXTM