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Bullish Moving Average Cross by O'Reilly Automot (ORLY)

By James Quinn

Today, shares of O'Reilly Automot (:ORLY) have crossed bullishly above their 10-day moving average of $395.35 on a volume of 237K 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, O'Reilly Automot share prices have been bracketed by a low of $0.00 and a high of $401.42 and are now at $401.23, -100% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.4% while the 50-day MA has advanced 0.6%.

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

Keywords: moving crosses :orly o'reilly automot

Ticker(s): ORLY