• Return to Headlines

Bullish Moving Average Cross by Virtu Financia-A (VIRT)

By James Quinn

Virtu Financia-A (NASDAQ:VIRT) crossed over its 10-day moving average of $21.62 on a volume of 237K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Virtu Financia-A share prices have moved between a 52-week high of $37.85 and a 52-week low of $13.10 and are now trading 69% above that low price at $22.10 per share. Over the past week, the 200-day moving average (MA) has gone up 0.5% while the 50-day MA has declined 1.8%.

SmarTrend recommended that its subscribers protect gains by selling shares of Virtu Financia-A on May 9th, 2018 by issuing a Downtrend alert when the shares were trading at $31.00. Since that call, shares of Virtu Financia-A have fallen 31.0%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: moving crosses virtu financia-a

Ticker(s): VIRT