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Bullish Moving Average Cross by Wingstop Inc (WING)

By Amy Schwartz

Wingstop Inc (NASDAQ:WING) crossed over its 10-day moving average of $68.06 on a volume of 135K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, Wingstop Inc share prices have been bracketed by a low of $22.63 and a high of $72.26 and are now at $69.50, 207% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 2.4% while the 200-day MA has risen 1.1%.

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

Keywords: moving crosses wingstop inc

Ticker(s): WING