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Bullish Moving Average Cross by Roche Holding (RHHBY)

By Nick Russo

Today, shares of Roche Holding (NASDAQ:RHHBY) have crossed bullishly above their 10-day moving average of $31.16 on a volume of 195K shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, Roche Holding share prices have been bracketed by a low of $29.89 and a high of $76.51 and are now at $31.26, 5% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.3% while the 200-day MA has slid 0.3%.

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

Keywords: moving crosses roche holding

Ticker(s): RHHBY