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

By Shiri Gupta

Servicemaster Gl (NYSE:SERV) crossed over its 10-day moving average of $55.81 on a volume of 237K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Over the past year, Servicemaster Gl has traded in a range of $34.28 to $58.78 and is now at $56.66, 65% above that low. The 200-day and 50-day moving averages have moved 0.71% higher and 0.56% higher over the past week, respectively.

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 $37.68. Since that recommendation, shares of Servicemaster Gl have risen 47.1%. 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