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

By James Quinn

Nu Skin Enterprises (NYSE:NUS) shares have crossed bullishly above their 10-day moving average of $58.46 on a volume of 238K 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, Nu Skin Enterprises share prices have been bracketed by a low of $23.51 and a high of $60.87 and are now at $58.96, 151% above that low price. The 200-day and 50-day moving averages have moved 0.13% lower and 2.00% higher over the past week, respectively.

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 74.1%. 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