• Return to Headlines

MAXIMUS Crosses Above its 10-day MA (MMS)

By David Diaz

Today, shares of MAXIMUS (NYSE:MMS) have advanced above their 10-day MA of $62.73 on a volume of 163K 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 MAXIMUS have traded between a low of $43.69 and a high of $70.00 and are now at $63.38, which is 45% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 0.5% while the 50-day MA has advanced 0.7%.

SmarTrend recommended that subscribers consider buying shares of MAXIMUS on November 22nd, 2016 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $56.68. Since that recommendation, shares of MAXIMUS have risen 10.0%. We continue to monitor MMS for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses maximus

Ticker(s): MMS