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Ebay Inc Bullish Moving Average Crossover Alert (EBAY)

By Amy Schwartz

Today, shares of Ebay Inc (NASDAQ:EBAY) have crossed bullishly above their 10-day moving average of $38.16 on a volume of 186K 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, Ebay Inc share prices have been bracketed by a low of $26.01 and a high of $41.99 and are now at $38.73, 49% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.6% while the 50-day MA has declined 0.7%.

SmarTrend is tracking the current trend status for Ebay Inc and will alert subscribers who have EBAY in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses ebay inc

Ticker(s): EBAY