• Return to Headlines

Bullish Moving Average Cross by Verint Systems (VRNT)

By David Diaz

Today, shares of Verint Systems (NASDAQ:VRNT) have crossed bullishly above their 10-day moving average of $47.80 on a volume of 185K 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, Verint Systems share prices have been bracketed by a low of $37.10 and a high of $52.45 and are now at $48.00, 29% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has remained constant.

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

Keywords: moving crosses verint systems

Ticker(s): VRNT