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East West Bncrp Bullish Moving Average Crossover Alert (EWBC)

By Amy Schwartz

East West Bncrp (NASDAQ:EWBC) shares have crossed bullishly above their 10-day moving average of $65.96 on a volume of 282K shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.

Over the past year, East West Bncrp has traded in a range of $31.34 to $73.98 and is now at $68.00, 117% above that low. Over the last five market days, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has declined 0.2%.

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