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Care.Com Inc Bullish Moving Average Crossover Alert (CRCM)

By David Diaz

Care.Com Inc (NYSE:CRCM) crossed over its 10-day moving average of $21.88 on a volume of 217K 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 Care.Com Inc have traded between a low of $12.80 and a high of $22.92 and are now at $22.07, which is 72% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.9% while the 200-day MA has risen 0.6%.

SmarTrend recommended that subscribers consider buying shares of Care.Com Inc on May 8th, 2018 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $17.61. Since that recommendation, shares of Care.Com Inc have risen 23.6%. We continue to monitor CRCM for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses care.com inc

Ticker(s): CRCM