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Bullish Moving Average Cross by Verisk Analyti (VRSK)

By David Diaz

Verisk Analyti (NASDAQ:VRSK) shares have crossed bullishly above their 10-day moving average of $121.21 on a volume of 309K 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.

Over the past year, Verisk Analyti has traded in a range of $80.92 to $122.80 and is now at $121.39, 50% above that low. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.7% while the 200-day MA has risen 0.5%.

SmarTrend recommended that subscribers consider buying shares of Verisk Analyti on May 21st, 2018 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $106.88. Since that recommendation, shares of Verisk Analyti have risen 13.0%. We continue to monitor VRSK for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses verisk analyti

Ticker(s): VRSK