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Cerner Corp Crosses Above its 10-day MA (CERN)

By James Quinn

Today, shares of Cerner Corp (NASDAQ:CERN) have crossed bullishly above their 10-day moving average of $57.04 on a volume of 189K 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 Cerner Corp have traded between a low of $47.01 and a high of $73.86 and are now at $57.20, which is 22% above that low price. The 200-day and 50-day moving averages have moved 0.51% lower and 0.69% higher over the past week, respectively.

SmarTrend recommended that its subscribers protect gains by selling shares of Cerner Corp on October 27th, 2017 by issuing a Downtrend alert when the shares were trading at $64.18. Since that call, shares of Cerner Corp have fallen 11.3%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: moving crosses Cerner Corp

Ticker(s): CERN