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Lamar Advertising Crosses Above its 10-day MA (LAMR)

By Nick Russo

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

Ticker(s): LAMR