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Comfort Systems Bullish Moving Average Crossover Alert (FIX)

By Nick Russo

Today, shares of Comfort Systems (NYSE:FIX) have advanced above their 10-day MA of $27.73 on a volume of 308K 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, Comfort Systems has traded in a range of $21.14 to $35.00 and is now at $28.21, 33% above that low. The 200-day and 50-day moving averages have moved 0.49% higher and 0.89% higher over the past week, respectively.

SmarTrend recommended that its subscribers protect gains by selling shares of Comfort Systems on August 2nd, 2016 by issuing a Downtrend alert when the shares were trading at $29.65. Since that call, shares of Comfort Systems have fallen 10.2%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: moving crosses comfort systems

Ticker(s): FIX