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Noodles & Co Bullish Moving Average Crossover Alert (NDLS)

By Amy Schwartz

Noodles & Co (NASDAQ:NDLS) crossed over its 10-day moving average of $12.09 on a volume of 292K 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, Noodles & Co share prices have been bracketed by a low of $3.50 and a high of $13.30 and are now at $12.40, 254% above that low price. Over the past week, the 200-day moving average (MA) has gone up 1.7% while the 50-day MA has advanced 2.9%.

SmarTrend is tracking the current trend status for Noodles & Co and will alert subscribers who have NDLS in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses noodles & co

Ticker(s): NDLS