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Sina Crosses Above its 10-day MA (SINA)

By James Quinn

Sina (NASDAQ:SINA) crossed over its 10-day moving average of $76.87 on a volume of 440K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, shares of Sina have traded between a low of $32.61 and a high of $85.24 and are now at $77.89, which is 139% above that low price. 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