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Netscout Systems Bullish Moving Average Crossover Alert (NTCT)

By Nick Russo

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

Ticker(s): NTCT