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East West Bncrp Bullish Moving Average Crossover Alert (EWBC)

By Amy Schwartz

Today, shares of East West Bncrp (NASDAQ:EWBC) have crossed bullishly above their 10-day moving average of $45.86 on a volume of 302K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

East West Bncrp share prices have moved between a 52-week high of $73.98 and a 52-week low of $40.05 and are now trading 17% above that low price at $47.00 per share. Over the last five market days, the 200-day moving average (MA) has gone down 0.5% while the 50-day MA has declined 1%.

SmarTrend is tracking the current trend status for East West Bncrp and will alert subscribers who have EWBC in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses east west bncrp

Ticker(s): EWBC