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Bullish Moving Average Cross by Walgreens Boots (WBA)

By Shiri Gupta

Today, shares of Walgreens Boots (NASDAQ:WBA) have advanced above their 10-day MA of $55.36 on a volume of 134K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Walgreens Boots share prices have moved between a 52-week high of $86.31 and a 52-week low of $49.12 and are now trading 13% above that low price at $55.65 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.7% while the 200-day MA has slid 0.6%.

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

Keywords: moving crosses walgreens boots

Ticker(s): WBA