• Return to Headlines

Natl Instruments Bullish Moving Average Crossover Alert (NATI)

By Amy Schwartz

Today, shares of Natl Instruments (NASDAQ:NATI) have crossed bullishly above their 10-day moving average of $41.69 on a volume of 149K shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.

Over the past year, Natl Instruments has traded in a range of $37.13 to $53.57 and is now at $42.39, 14% above that low. The 200-day and 50-day moving averages have moved 0.01% higher and 1.43% lower over the past week, respectively.

SmarTrend recommended that its subscribers protect gains by selling shares of Natl Instruments on April 27th, 2018 by issuing a Downtrend alert when the shares were trading at $43.72. Since that call, shares of Natl Instruments have fallen 5.3%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: moving crosses natl instruments

Ticker(s): NATI