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Bullish Moving Average Cross by Service Corp Int (SCI)

By Nick Russo

Service Corp Int (NYSE:SCI) crossed over its 10-day moving average of $39.61 on a volume of 142K 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, Service Corp Int share prices have been bracketed by a low of $35.19 and a high of $47.09 and are now at $39.98, 14% 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 remained constant.

SmarTrend recommended that its subscribers protect gains by selling shares of Service Corp Int on February 28th, 2019 by issuing a Downtrend alert when the shares were trading at $41.52. Since that call, shares of Service Corp Int have fallen 5.2%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: moving crosses service corp int

Ticker(s): SCI