Computer Sciences Crosses Above its 10-day MA (CSC)
Computer Sciences (NYSE:CSC) shares have crossed bullishly above their 10-day moving average of $51.29 on a volume of 182K shares. Swing traders may find 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 Computer Sciences have traded between a low of $24.27 and a high of $52.55 and are now at $51.80, which is 113% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.4% while the 200-day MA has slid 0.3%.
SmarTrend recommended that subscribers consider buying shares of Computer Sciences on March 30th, 2016 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $33.88. Since that recommendation, shares of Computer Sciences have risen 50.6%. We continue to monitor CSC for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: moving crosses computer sciences