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Bullish Moving Average Cross by WellPoint (WLP)

By James Quinn

Today, shares of WellPoint (NYSE:WLP) have advanced above their 10-day MA of $85.55 on a volume of 1.2 million 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, WellPoint has traded in a range of $60.41 to $94.36 and is now at $86.12, 43% above that low. The 200-day and 50-day moving averages have moved 0.31% higher and 0.4% lower over the past week, respectively.

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

Keywords: moving crosses WellPoint

Ticker(s): WLP