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Las Vegas Sands Bullish Moving Average Crossover Alert (LVS)

By James Quinn

Today, shares of Las Vegas Sands (NYSE:LVS) have crossed bullishly above their 10-day moving average of $58.50 on a volume of 1.2 million 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 Las Vegas Sands have traded between a low of $34.88 and a high of $63.38 and are now at $58.81, which is 69% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.2% while the 200-day MA has slid 0.4%.

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

Keywords: moving crosses Las Vegas Sands

Ticker(s): LVS