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Landstar System Crosses Above its 10-day MA (LSTR)

By David Diaz

Today, shares of Landstar System (NASDAQ:LSTR) have crossed bullishly above their 10-day moving average of $66.89 on a volume of 572K shares. This may provide swing traders with 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 Landstar System have traded between a low of $53.03 and a high of $73.60 and are now at $71.30, which is 34% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.9% while the 200-day MA has remained constant.

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

Keywords: moving crosses landstar system

Ticker(s): LSTR