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Polaris Inds Crosses Above its 10-day MA (PII)

By Nick Russo

Today, shares of Polaris Inds (NYSE:PII) have crossed bullishly above their 10-day moving average of $85.41 on a volume of 579K 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, Polaris Inds share prices have been bracketed by a low of $70.27 and a high of $123.48 and are now at $87.43, 24% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.5% while the 200-day MA has slid 0.3%.

SmarTrend recommended that its subscribers protect gains by selling shares of Polaris Inds on July 5th, 2019 by issuing a Downtrend alert when the shares were trading at $86.38. Since that call, shares of Polaris Inds have fallen 4.3%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: moving crosses polaris inds

Ticker(s): PII