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Six Flags Entertainment Bullish Moving Average Crossover Alert (SIX)

By James Quinn

Six Flags Entertainment (NYSE:SIX) crossed over its 10-day moving average of $56.94 on a volume of 127K 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 Six Flags Entertainment have traded between a low of $41.60 and a high of $62.69 and are now at $57.45, which is 38% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.0% while the 200-day MA has risen 0.5%.

SmarTrend is monitoring the recent change of momentum in Six Flags Entertainment. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Six Flags Entertainment in search of a potential trend change.

Keywords: moving crosses six flags entertainment

Ticker(s): SIX