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Energous Corp Bullish Moving Average Crossover Alert (WATT)

By David Diaz

Today, shares of Energous Corp (NASDAQ:WATT) have advanced above their 10-day MA of $18.14 on a volume of 115K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Energous Corp share prices have moved between a 52-week high of $33.50 and a 52-week low of $6.91 and are now trading 165% above that low price at $18.34 per share. Over the last five market days, the 200-day moving average (MA) has gone up 0.6% while the 50-day MA has advanced 2.6%.

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

Keywords: moving crosses energous corp

Ticker(s): WATT