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Chico's FAS Bullish Moving Average Crossover Alert (CHS)

By Shiri Gupta

Chico's FAS (NYSE:CHS) crossed over its 10-day moving average of $11.67 on a volume of 272K 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, Chico's FAS share prices have been bracketed by a low of $9.61 and a high of $17.50 and are now at $11.83, 23% above that low price. The 200-day and 50-day moving averages have moved 0.51% lower and 1.12% higher over the past week, respectively.

SmarTrend is tracking the current trend status for Chico's FAS and will alert subscribers who have CHS in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses chico's fas

Ticker(s): CHS