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ICON Bullish Moving Average Crossover Alert (ICLR)

By David Diaz

Today, shares of ICON (NASDAQ:ICLR) have advanced above their 10-day MA of $95.72 on a volume of 194K 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, shares of ICON have traded between a low of $15.03 and a high of $98.00 and are now at $97.38, which is 548% above that low price. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has declined 0.5%.

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

Keywords: moving crosses

Ticker(s): ICLR ICON