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Care.Com Inc Crosses Above its 10-day MA (CRCM)

By David Diaz

Care.Com Inc (NYSE:CRCM) shares have crossed bullishly above their 10-day moving average of $14.56 on a volume of 124K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Care.Com Inc share prices have moved between a 52-week high of $16.07 and a 52-week low of $7.51 and are now trading 98% above that low price at $14.84 per share. The 200-day and 50-day moving averages have moved 0.42% higher and 2.68% higher over the past week, respectively.

SmarTrend recommended that subscribers consider buying shares of Care.Com Inc on February 8th, 2017 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $9.73. Since that recommendation, shares of Care.Com Inc have risen 42.8%. 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