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Select Medical Bullish Moving Average Crossover Alert (SEM)

By James Quinn

Select Medical (NYSE:SEM) shares have crossed bullishly above their 10-day moving average of $14.68 on a volume of 125K 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.

Over the past year, Select Medical has traded in a range of $12.96 to $21.65 and is now at $15.11, 17% above that low. The 200-day and 50-day moving averages have moved 0.76% lower and 0.04% lower over the past week, respectively.

SmarTrend is tracking the current trend status for Select Medical and will alert subscribers who have SEM in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses select medical

Ticker(s): SEM