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Microsoft Crosses Above its 10-day MA (MSFT)

By Nick Russo

Today, shares of Microsoft (NASDAQ:MSFT) have advanced above their 10-day MA of $50.17 on a volume of 3.9 million 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 Microsoft have traded between a low of $39.72 and a high of $56.85 and are now at $50.37, which is 27% above that low price. The 200-day and 50-day moving averages have moved 0.13% higher and 0.25% lower over the past week, respectively.

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

Keywords: moving crosses Microsoft

Ticker(s): MSFT