Lamar Advertising Crosses Above its 10-day MA (LAMR)
Today, shares of Lamar Advertising (NASDAQ:LAMR) have crossed bullishly above their 10-day moving average of $62.69 on a volume of 124K 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, Lamar Advertising share prices have been bracketed by a low of $49.73 and a high of $69.35 and are now at $63.03, 27% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.1% while the 200-day MA has risen 0.2%.
SmarTrend is tracking the current trend status for Lamar Advertising and will alert subscribers who have LAMR in their portfolio or watchlist when shares have changed trend direction.
Keywords: moving crosses lamar advertising