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Bullish Moving Average Cross by Total System Services (TSS)

By Shiri Gupta

Total System Services (NYSE:TSS) crossed over its 10-day moving average of $53.65 on a volume of 124K 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, Total System Services has traded in a range of $37.47 to $56.69 and is now at $53.90, 44% above that low. The 200-day and 50-day moving averages have moved 0.29% higher and 1.43% higher over the past week, respectively.

SmarTrend recommended that subscribers consider buying shares of Total System Services on February 22nd, 2016 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $43.35. Since that recommendation, shares of Total System Services have risen 23.5%. We continue to monitor TSS for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses total system services

Ticker(s): TSS