Polaris Industries Bullish Moving Average Crossover Alert (PII)
Today, shares of Polaris Industries (NYSE:PII) have advanced above their 10-day MA of $74.06 on a volume of 154K 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 $74.95, which is 11% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 1.1% while the 50-day MA has advanced 0.8%.
SmarTrend recommended that its subscribers protect gains by selling shares of Polaris Industries on August 31st, 2016 by issuing a Downtrend alert when the shares were trading at $86.68. Since that call, shares of Polaris Industries have fallen 14.7%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.
Keywords: moving crosses polaris industries