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Ollie'S Bargain Crosses Above its 10-day MA (OLLI)

By Nick Russo

Ollie'S Bargain (NASDAQ:OLLI) crossed over its 10-day moving average of $84.79 on a volume of 192K shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, shares of Ollie'S Bargain have traded between a low of $50.65 and a high of $103.03 and are now at $86.39, which is 71% above that low price. The 200-day and 50-day moving averages have moved 0.32% higher and 0.54% lower over the past week, respectively.

SmarTrend is monitoring the recent change of momentum in Ollie'S Bargain. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Ollie'S Bargain in search of a potential trend change.

Keywords: moving crosses ollie's bargain

Ticker(s): OLLI