Fiserv Crosses Above its 10-day MA (FISV)
Fiserv (NASDAQ:FISV) shares have crossed bullishly above their 10-day moving average of $99.81 on a volume of 129K 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.
Over the past year, Fiserv has traded in a range of $77.07 to $111.51 and is now at $100.54, 30% above that low. Over the last five market days, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has remained constant.
SmarTrend recommended that its subscribers protect gains by selling shares of Fiserv on August 3rd, 2016 by issuing a Downtrend alert when the shares were trading at $104.93. Since that call, shares of Fiserv have fallen 5.5%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.
Keywords: moving crosses fiserv