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Bullish Moving Average Cross by Wellcare Health (WCG)

By James Quinn

Today, shares of Wellcare Health (NYSE:WCG) have advanced above their 10-day MA of $260.21 on a volume of 170K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Over the past year, Wellcare Health has traded in a range of $220.63 to $321.52 and is now at $261.63, 19% above that low. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.6% while the 200-day MA has risen 0.2%.

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

Keywords: moving crosses wellcare health

Ticker(s): WCG