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Quality Systems Crosses Above its 10-day MA (QSII)

By David Diaz

Quality Systems (NASDAQ:QSII) shares have crossed bullishly above their 10-day moving average of $12.01 on a volume of 560K 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 Quality Systems have traded between a low of $10.61 and a high of $50.70 and are now at $12.33, which is 16% 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 0.4%.

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

Keywords: moving crosses quality systems

Ticker(s): QSII