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Global Payments Crosses Above its 10-day MA (GPN)

By Shiri Gupta

Today, shares of Global Payments (NYSE:GPN) have advanced above their 10-day MA of $149.25 on a volume of 509K 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, Global Payments share prices have been bracketed by a low of $94.81 and a high of $157.18 and are now at $155.43, 64% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.5% while the 50-day MA has advanced 1.0%.

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

Keywords: moving crosses global payments

Ticker(s): GPN