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Molina Healthcar Bullish Moving Average Crossover Alert (MOH)

By Nick Russo

Today, shares of Molina Healthcar (NYSE:MOH) have advanced above their 10-day MA of $85.69 on a volume of 261K shares. This may provide swing traders with an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Molina Healthcar share prices have moved between a 52-week high of $93.98 and a 52-week low of $56.67 and are now trading 54% above that low price at $87.05 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.9% while the 200-day MA has risen 0.7%.

SmarTrend recommended that subscribers consider buying shares of Molina Healthcar on March 21st, 2018 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $78.42. Since that recommendation, shares of Molina Healthcar have risen 7.5%. We continue to monitor MOH for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses molina healthcar

Ticker(s): MOH