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Science Applicat Crosses Below its 10-day MA (SAIC)

By David Diaz

Science Applicat (NYSE:SAIC) crossed under its 10-day moving average of $87.46 on a volume of 288K shares. This may provide swing traders with an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

Science Applicat share prices have moved between a 52-week high of $90.84 and a 52-week low of $60.21 and are now trading 38% above that low price at $83.21 per share. Over the last five market days, the 200-day moving average (MA) has gone up 0.3% while the 50-day MA has advanced 0.8%.

SmarTrend recommended that subscribers consider buying shares of Science Applicat on March 6th, 2018 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $75.62. Since that recommendation, shares of Science Applicat have risen 16.5%. We continue to monitor SAIC for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses science applicat

Ticker(s): SAIC