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Bullish Moving Average Cross by Waddell & Reed Financial (WDR)

By Nick Russo

Waddell & Reed Financial (NYSE:WDR) crossed over its 10-day moving average of $18.00 on a volume of 182K 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, Waddell & Reed Financial has traded in a range of $15.70 to $50.22 and is now at $18.22, 16% above that low. The 200-day and 50-day moving averages have moved 1.62% lower and 0.98% lower over the past week, respectively.

SmarTrend is tracking the current trend status for Waddell & Reed Financial and will alert subscribers who have WDR in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses waddell & reed financial

Ticker(s): WDR