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G-III Apparel Bullish Moving Average Crossover Alert (GIII)

By James Quinn

G-III Apparel (NASDAQ:GIII) shares have crossed bullishly above their 10-day moving average of $42.54 on a volume of 147K 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, G-III Apparel has traded in a range of $36.14 to $73.93 and is now at $43.56, 21% above that low. Over the past week, the 200-day moving average (MA) has gone down 0.9% while the 50-day MA has declined 0.7%.

SmarTrend is monitoring the recent change of momentum in G-III Apparel. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of G-III Apparel in search of a potential trend change.

Keywords: moving crosses g-iii apparel

Ticker(s): GIII