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Lithia Motors-A Bullish Moving Average Crossover Alert (LAD)

By Nick Russo

Today, shares of Lithia Motors-A (NYSE:LAD) have advanced above their 10-day MA of $92.77 on a volume of 311K 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.

Over the past year, Lithia Motors-A has traded in a range of $68.70 to $105.32 and is now at $97.83, 42% above that low. Over the last five market days, the 200-day moving average (MA) has gone down 0.7% while the 50-day MA has declined 0.5%.

SmarTrend is tracking the current trend status for Lithia Motors-A and will alert subscribers who have LAD in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses lithia motors-a

Ticker(s): LAD