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Six Flags Entert Crosses Above its 10-day MA (SIX)

By David Diaz

Six Flags Entert (NYSE:SIX) shares have crossed bullishly above their 10-day moving average of $50.34 on a volume of 411K shares. This may provide swing traders with 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 Six Flags Entert have traded between a low of $46.68 and a high of $72.39 and are now at $51.61, which is 11% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.9% while the 50-day MA has declined 0.3%.

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

Keywords: moving crosses six flags entert

Ticker(s): SIX