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Bullish Moving Average Cross by Popular Inc (BPOP)

By David Diaz

Popular Inc (NASDAQ:BPOP) crossed over its 10-day moving average of $46.38 on a volume of 243K 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, shares of Popular Inc have traded between a low of $32.04 and a high of $48.17 and are now at $47.27, which is 48% 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 risen 0.5%.

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

Keywords: moving crosses popular inc

Ticker(s): BPOP