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

By Amy Schwartz

Nu Skin Enterprises (NYSE:NUS) shares have crossed bullishly above their 10-day moving average of $45.40 on a volume of 218K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, shares of Nu Skin Enterprises have traded between a low of $23.51 and a high of $59.67 and are now at $46.20, which is 97% above that low price. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 2.0%.

SmarTrend recommended that subscribers consider buying shares of Nu Skin Enterprises on March 4th, 2016 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $33.51. Since that recommendation, shares of Nu Skin Enterprises have risen 34.8%. 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