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Invesco Crosses Above its 10-day MA (IVZ)

By James Quinn

Invesco (NYSE:IVZ) crossed over its 10-day moving average of $32.06 on a volume of 570K 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 Invesco have traded between a low of $23.01 and a high of $41.93 and are now at $32.26, which is 40% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.5% while the 50-day MA has advanced 1.0%.

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

Keywords: moving crosses invesco

Ticker(s): IVZ