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Lumber Liquidato Bullish Moving Average Crossover Alert (LL)

By David Diaz

Lumber Liquidato (NYSE:LL) shares have crossed bullishly above their 10-day moving average of $8.24 on a volume of 634K 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, Lumber Liquidato share prices have been bracketed by a low of $6.59 and a high of $18.90 and are now at $8.34, 27% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.6% while the 50-day MA has declined 0.9%.

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

Keywords: moving crosses lumber liquidato

Ticker(s): LL