Finish Line Crosses Above its 10-day MA (FINL)
Finish Line (NASDAQ:FINL) crossed over its 10-day moving average of $21.70 on a volume of 146K shares. This may provide swing traders with an opportunity for a long position, as such a crossover often suggests higher prices in the near term.
Finish Line share prices have moved between a 52-week high of $29.05 and a 52-week low of $15.37 and are now trading 44% above that low price at $22.18 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.6% while the 200-day MA has slid 0.7%.
SmarTrend recommended that subscribers consider buying shares of Finish Line on June 24th, 2016 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $19.33. Since that recommendation, shares of Finish Line have risen 11.4%. We continue to monitor FINL for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: moving crosses Finish Line