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

By David Diaz

Today, shares of Quality Systems (NASDAQ:QSII) have crossed bullishly above their 10-day moving average of $13.31 on a volume of 166K shares. This may provide swing traders with an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Over the past year, Quality Systems has traded in a range of $10.61 to $17.74 and is now at $13.73, 29% above that low. 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