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Mednax Inc Crosses Above its 10-day MA (MD)

By James Quinn

Today, shares of Mednax Inc (NYSE:MD) have crossed bullishly above their 10-day moving average of $26.75 on a volume of 192K 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, Mednax Inc share prices have been bracketed by a low of $25.47 and a high of $53.17 and are now at $26.94, 6% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 1.3% while the 200-day MA has slid 0.4%.

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

Keywords: moving crosses mednax inc

Ticker(s): MD