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Nippon Telegraph & Telephone Bullish Moving Average Crossover Alert (NTT)

By Amy Schwartz

Nippon Telegraph & Telephone (NYSE:NTT) crossed over its 10-day moving average of $45.03 on a volume of 306K 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, Nippon Telegraph & Telephone has traded in a range of $33.60 to $46.25 and is now at $45.67, 36% above that low. Over the past week, the 200-day moving average (MA) has gone up 0.5% while the 50-day MA has advanced 0.4%.

SmarTrend is tracking the current trend status for Nippon Telegraph & Telephone and will alert subscribers who have NTT in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses nippon telegraph & telephone

Ticker(s): NTT