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Francescas Holdi Crosses Above its 10-day MA (FRAN)

By James Quinn

Francescas Holdi (NASDAQ:FRAN) shares have crossed bullishly above their 10-day moving average of $7.51 on a volume of 165K shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, shares of Francescas Holdi have traded between a low of $6.71 and a high of $22.39 and are now at $7.67, which is 14% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.5% while the 50-day MA has declined 0.9%.

SmarTrend recommended that its subscribers protect gains by selling shares of Francescas Holdi on March 1st, 2017 by issuing a Downtrend alert when the shares were trading at $16.67. Since that call, shares of Francescas Holdi have fallen 56.4%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: moving crosses francescas holdi

Ticker(s): FRAN