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Mattel Bullish Moving Average Crossover Alert (MAT)

By David Diaz

Today, shares of Mattel (NYSE:MAT) have crossed bullishly above their 10-day moving average of $31.69 on a volume of 338K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Over the past year, Mattel has traded in a range of $19.45 to $34.76 and is now at $31.93, 64% above that low. The 200-day and 50-day moving averages have moved 0.49% higher and 0.32% lower over the past week, respectively.

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

Keywords: moving crosses mattel

Ticker(s): MAT