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Grupo Televisa Bullish Moving Average Crossover Alert (TV)

By Shiri Gupta

Grupo Televisa (NYSE:TV) crossed over its 10-day moving average of $25.41 on a volume of 220K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Grupo Televisa share prices have moved between a 52-week high of $40.05 and a 52-week low of $23.25 and are now trading 11% above that low price at $25.75 per share. Over the last five market days, the 200-day moving average (MA) has gone down 0.5% while the 50-day MA has advanced 0.9%.

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

Keywords: moving crosses grupo televisa

Ticker(s): TV