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Bullish Moving Average Cross by STERIS (STE)

By Amy Schwartz

STERIS (NYSE:STE) shares have crossed bullishly above their 10-day moving average of $67.84 on a volume of 182K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Over the past year, STERIS has traded in a range of $60.75 to $78.77 and is now at $68.03, 12% above that low. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.8% while the 200-day MA has remained constant.

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

Keywords: moving crosses steris

Ticker(s): STE