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Five Below Crosses Above its 10-day MA (FIVE)

By James Quinn

Five Below (NASDAQ:FIVE) crossed over its 10-day moving average of $68.87 on a volume of 318K 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.

In the past 52 weeks, Five Below share prices have been bracketed by a low of $35.03 and a high of $73.55 and are now at $69.28, 98% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.6% while the 200-day MA has risen 0.2%.

SmarTrend is tracking the current trend status for Five Below and will alert subscribers who have FIVE in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses five below

Ticker(s): FIVE