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Las Vegas Sands Crosses Above its 10-day MA (LVS)

By Amy Schwartz

Today, shares of Las Vegas Sands (NYSE:LVS) have crossed bullishly above their 10-day moving average of $61.29 on a volume of 814K 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 Las Vegas Sands have traded between a low of $41.45 and a high of $66.22 and are now at $61.50, which is 48% 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