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Sina Crosses Above its 10-day MA (SINA)

By Shiri Gupta

Sina (NASDAQ:SINA) crossed over its 10-day moving average of $54.78 on a volume of 153K 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, Sina has traded in a range of $32.61 to $61.25 and is now at $55.54, 70% above that low. The 200-day and 50-day moving averages have moved 0.35% higher and 1.13% higher over the past week, respectively.

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

Keywords: moving crosses

Ticker(s): SINA