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Genpact Ltd Bullish Moving Average Crossover Alert (G)

By Nick Russo

Genpact Ltd (NYSE:G) crossed over its 10-day moving average of $36.20 on a volume of 251K 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, Genpact Ltd share prices have been bracketed by a low of $25.48 and a high of $36.82 and are now at $36.82, 45% above that low price. The 200-day and 50-day moving averages have moved 0.40% higher and 0.70% higher over the past week, respectively.

SmarTrend recommended that subscribers consider buying shares of Genpact Ltd on January 8th, 2019 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $27.81. Since that recommendation, shares of Genpact Ltd have risen 29.3%. We continue to monitor G for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses genpact ltd

Ticker(s): G