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Fleetcor Technol Bullish Moving Average Crossover Alert (FLT)

By Amy Schwartz

Today, shares of Fleetcor Technol (NYSE:FLT) have crossed bullishly above their 10-day moving average of $294.08 on a volume of 141K 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, Fleetcor Technol share prices have been bracketed by a low of $172.18 and a high of $304.65 and are now at $300.88, 75% above that low price. Over the past week, the 200-day moving average (MA) has gone up 1.0% while the 50-day MA has advanced 0.2%.

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

Keywords: moving crosses fleetcor technol

Ticker(s): FLT