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Federated Inv-B Bullish Moving Average Crossover Alert (FII)

By Shiri Gupta

Today, shares of Federated Inv-B (NYSE:FII) have advanced above their 10-day MA of $29.61 on a volume of 431K 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, shares of Federated Inv-B have traded between a low of $22.06 and a high of $35.06 and are now at $29.74, which is 35% above that low price. The 200-day and 50-day moving averages have moved 0.39% higher and 0.95% higher over the past week, respectively.

SmarTrend recommended that subscribers consider buying shares of Federated Inv-B on January 29th, 2019 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $26.57. Since that recommendation, shares of Federated Inv-B have risen 10.6%. We continue to monitor FII for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses federated inv-b

Ticker(s): FII