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Express Bullish Moving Average Crossover Alert (EXPR)

By Nick Russo

Today, shares of Express (NYSE:EXPR) have advanced above their 10-day MA of $14.28 on a volume of 543K 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.

In the past 52 weeks, Express share prices have been bracketed by a low of $13.25 and a high of $21.57 and are now at $14.41, 9% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.3% while the 200-day MA has remained constant.

SmarTrend recommended that its subscribers protect gains by selling shares of Express on April 12th, 2016 by issuing a Downtrend alert when the shares were trading at $19.33. Since that call, shares of Express have fallen 27.5%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: moving crosses express

Ticker(s): EXPR