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Bullish Moving Average Cross by SEI Investments (SEIC)

By David Diaz

SEI Investments (NASDAQ:SEIC) crossed over its 10-day moving average of $45.32 on a volume of 115K 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, SEI Investments share prices have been bracketed by a low of $32.01 and a high of $55.48 and are now at $45.48, 42% above that low price. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 1.9%.

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

Keywords: moving crosses sei investments

Ticker(s): SEIC