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Ebay Inc Bullish Moving Average Crossover Alert (EBAY)

By James Quinn

Ebay Inc (NASDAQ:EBAY) crossed over its 10-day moving average of $40.20 on a volume of 601K 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 Ebay Inc have traded between a low of $26.01 and a high of $41.99 and are now at $40.38, which is 55% above that low price. The 200-day and 50-day moving averages have moved 0.53% higher and 0.40% higher over the past week, respectively.

SmarTrend recommended that subscribers consider buying shares of Ebay Inc on January 9th, 2019 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $30.07. Since that recommendation, shares of Ebay Inc have risen 33.1%. We continue to monitor EBAY for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses ebay inc

Ticker(s): EBAY