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NetSuite Crosses Above its 10-day MA (N)

By Shiri Gupta

Today, shares of NetSuite (NYSE:N) have advanced above their 10-day MA of $78.21 on a volume of 235K 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.

In the past 52 weeks, NetSuite share prices have been bracketed by a low of $51.75 and a high of $102.46 and are now at $79.10, 53% above that low price. The 200-day and 50-day moving averages have moved 0.35% lower and 2.67% higher over the past week, respectively.

SmarTrend is monitoring the recent change of momentum in NetSuite. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of NetSuite in search of a potential trend change.

Keywords: moving crosses netsuite

Ticker(s): N