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NuVasive Bullish Moving Average Crossover Alert (NUVA)

By James Quinn

Today, shares of NuVasive (NASDAQ:NUVA) have advanced above their 10-day MA of $58.02 on a volume of 128K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

NuVasive share prices have moved between a 52-week high of $60.09 and a 52-week low of $36.81 and are now trading 58% above that low price at $58.33 per share. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 2.2%.

SmarTrend recommended that subscribers consider buying shares of NuVasive on March 4th, 2016 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $43.48. Since that recommendation, shares of NuVasive have risen 32.9%. We continue to monitor NUVA for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses nuvasive

Ticker(s): NUVA