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Global Payments Bullish Moving Average Crossover Alert (GPN)

By James Quinn

Global Payments (NYSE:GPN) crossed over its 10-day moving average of $115.55 on a volume of 934K 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.

Over the past year, Global Payments has traded in a range of $92.82 to $121.00 and is now at $117.65, 27% above that low. Over the past week, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has remained constant.

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

Keywords: moving crosses global payments

Ticker(s): GPN