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Korn/Ferry Intl Bullish Moving Average Crossover Alert (KFY)

By Shiri Gupta

Today, shares of Korn/Ferry Intl (NYSE:KFY) have crossed bullishly above their 10-day moving average of $57.39 on a volume of 885K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, shares of Korn/Ferry Intl have traded between a low of $31.53 and a high of $68.34 and are now at $65.03, which is 106% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.6% while the 200-day MA has risen 0.8%.

SmarTrend recommended that subscribers consider buying shares of Korn/Ferry Intl on February 22nd, 2018 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $42.54. Since that recommendation, shares of Korn/Ferry Intl have risen 32.9%. We continue to monitor KFY for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses korn/ferry intl

Ticker(s): KFY