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CA Inc Bullish Moving Average Crossover Alert (CA)

By Nick Russo

CA Inc (NASDAQ:CA) crossed over its 10-day moving average of $34.10 on a volume of 257K shares. This may provide swing traders with an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, shares of CA Inc have traded between a low of $25.16 and a high of $34.99 and are now at $34.22, which is 36% above that low price. The 200-day and 50-day moving averages have moved 0.07% lower and 0.02% lower over the past week, respectively.

SmarTrend recommended that subscribers consider buying shares of CA Inc on May 12th, 2016 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $31.46. Since that recommendation, shares of CA Inc have risen 7.8%. We continue to monitor CA for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses ca inc

Ticker(s): CA