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Bullish Moving Average Cross by Shutterfly (SFLY)

By David Diaz

Today, shares of Shutterfly (NASDAQ:SFLY) have crossed bullishly above their 10-day moving average of $50.53 on a volume of 261K 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.

Shutterfly share prices have moved between a 52-week high of $54.60 and a 52-week low of $35.22 and are now trading 51% above that low price at $53.30 per share. The 200-day and 50-day moving averages have moved 0.05% lower and 0.85% higher over the past week, respectively.

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

Keywords: moving crosses shutterfly

Ticker(s): SFLY