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Godaddy Inc-A Crosses Above its 10-day MA (GDDY)

By Shiri Gupta

Today, shares of Godaddy Inc-A (NYSE:GDDY) have advanced above their 10-day MA of $73.22 on a volume of 214K 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.

In the past 52 weeks, Godaddy Inc-A share prices have been bracketed by a low of $40.59 and a high of $74.71 and are now at $73.39, 81% above that low price. The 200-day and 50-day moving averages have moved 0.83% higher and 1.16% higher over the past week, respectively.

SmarTrend recommended that subscribers consider buying shares of Godaddy Inc-A on April 17th, 2018 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $63.42. Since that recommendation, shares of Godaddy Inc-A have risen 15.1%. We continue to monitor GDDY for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses godaddy inc-a

Ticker(s): GDDY