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Nu Skin Enterprises Crosses Above its 10-day MA (NUS)

By James Quinn

Today, shares of Nu Skin Enterprises (NYSE:NUS) have advanced above their 10-day MA of $55.53 on a volume of 112K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Nu Skin Enterprises share prices have moved between a 52-week high of $66.04 and a 52-week low of $23.51 and are now trading 137% above that low price at $55.79 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 2.0% while the 200-day MA has remained constant.

SmarTrend recommended that subscribers consider buying shares of Nu Skin Enterprises on January 17th, 2017 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $51.69. Since that recommendation, shares of Nu Skin Enterprises have risen 7.1%. We continue to monitor NUS for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses nu skin enterprises

Ticker(s): NUS