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Nielsen Holdings Crosses Above its 10-day MA (NLSN)

By Amy Schwartz

Nielsen Holdings (NYSE:NLSN) shares have crossed bullishly above their 10-day moving average of $22.82 on a volume of 487K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Over the past year, Nielsen Holdings has traded in a range of $20.53 to $32.07 and is now at $22.94, 12% above that low. Over the past week, the 200-day moving average (MA) has gone down 0.4% while the 50-day MA has declined 1.7%.

SmarTrend recommended that its subscribers protect gains by selling shares of Nielsen Holdings on May 13th, 2019 by issuing a Downtrend alert when the shares were trading at $23.58. Since that call, shares of Nielsen Holdings have fallen 4.2%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: moving crosses nielsen holdings

Ticker(s): NLSN