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Polaris Industries Bullish Moving Average Crossover Alert (PII)

By James Quinn

Polaris Industries (NYSE:PII) crossed over its 10-day moving average of $84.92 on a volume of 138K 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 Polaris Industries have traded between a low of $67.80 and a high of $156.35 and are now at $85.81, which is 27% above that low price. The 200-day and 50-day moving averages have moved 1.07% lower and 0.75% higher over the past week, respectively.

SmarTrend recommended that its subscribers protect gains by selling shares of Polaris Industries on May 6th, 2016 by issuing a Downtrend alert when the shares were trading at $90.70. Since that call, shares of Polaris Industries have fallen 6.7%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: moving crosses polaris industries

Ticker(s): PII