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Bullish Moving Average Cross by Stratasys (SSYS)

By Amy Schwartz

Today, shares of Stratasys (NASDAQ:SSYS) have advanced above their 10-day MA of $26.92 on a volume of 145K shares. This may provide swing traders with an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Stratasys share prices have moved between a 52-week high of $39.45 and a 52-week low of $14.48 and are now trading 88% above that low price at $27.20 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.4% while the 200-day MA has slid 0.8%.

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

Keywords: moving crosses stratasys

Ticker(s): SSYS