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Electronic Arts Bullish Moving Average Crossover Alert (EA)

By David Diaz

Electronic Arts (NASDAQ:EA) crossed over its 10-day moving average of $113.47 on a volume of 424K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Over the past year, Electronic Arts has traded in a range of $71.01 to $151.26 and is now at $113.65, 60% above that low. The 200-day and 50-day moving averages have moved 0.06% higher and 1.3% lower over the past week, respectively.

SmarTrend recommended that its subscribers protect gains by selling shares of Electronic Arts on July 27th, 2018 by issuing a Downtrend alert when the shares were trading at $134.62. Since that call, shares of Electronic Arts have fallen 16.1%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: moving crosses Electronic Arts

Ticker(s): EA