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Cerner Bullish Moving Average Crossover Alert (CERN)

By David Diaz

Cerner (NASDAQ:CERN) crossed over its 10-day moving average of $64.57 on a volume of 188K 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, Cerner has traded in a range of $47.01 to $75.00 and is now at $64.79, 38% above that low. Over the past week, the 200-day moving average (MA) has gone down 0.5% while the 50-day MA has advanced 0.7%.

SmarTrend recommended that subscribers consider buying shares of Cerner on January 13th, 2017 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $51.29. Since that recommendation, shares of Cerner have risen 25.4%. We continue to monitor CERN for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses cerner

Ticker(s): CERN