Netscout Systems Bullish Moving Average Crossover Alert (NTCT)
Today, shares of Netscout Systems (NASDAQ:NTCT) have crossed bullishly above their 10-day moving average of $22.51 on a volume of 489K 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.
In the past 52 weeks, Netscout Systems share prices have been bracketed by a low of $18.77 and a high of $43.23 and are now at $23.34, 24% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.5% while the 200-day MA has slid 0.9%.
SmarTrend is tracking the current trend status for Netscout Systems and will alert subscribers who have NTCT in their portfolio or watchlist when shares have changed trend direction.
Keywords: moving crosses netscout systems