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Servicemaster Gl Crosses Above its 10-day MA (SERV)

By Amy Schwartz

Servicemaster Gl (NYSE:SERV) crossed over its 10-day moving average of $49.68 on a volume of 645K 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, Servicemaster Gl share prices have been bracketed by a low of $34.28 and a high of $55.53 and are now at $55.53, 62% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.4% while the 50-day MA has advanced 1.3%.

SmarTrend recommended that subscribers consider buying shares of Servicemaster Gl on January 16th, 2019 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $37.69. Since that recommendation, shares of Servicemaster Gl have risen 31.0%. We continue to monitor SERV for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses servicemaster gl

Ticker(s): SERV