Fidelity National Information Services Bullish Moving Average Crossover Alert (FIS)
Today, shares of Fidelity National Information Services (NYSE:FIS) have crossed bullishly above their 10-day moving average of $72.65 on a volume of 3.3 million 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, Fidelity National Information Services share prices have been bracketed by a low of $55.11 and a high of $74.19 and are now at $73.60, 34% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has advanced 1.3%.
SmarTrend recommended that subscribers consider buying shares of Fidelity National Information Services on March 11th, 2016 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $62.13. Since that recommendation, shares of Fidelity National Information Services have risen 16.7%. We continue to monitor FIS for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: moving crosses fidelity national information services