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Shutterfly Inc Bullish Moving Average Crossover Alert (SFLY)

By Amy Schwartz

Shutterfly Inc (NASDAQ:SFLY) shares have crossed bullishly above their 10-day moving average of $62.69 on a volume of 186K 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, shares of Shutterfly Inc have traded between a low of $39.76 and a high of $100.34 and are now at $62.82, which is 58% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.3% while the 50-day MA has declined 2.4%.

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

Keywords: moving crosses shutterfly inc

Ticker(s): SFLY