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Skechers U.S.A. Bullish Moving Average Crossover Alert (SKX)

By James Quinn

Today, shares of Skechers U.S.A. (NYSE:SKX) have advanced above their 10-day MA of $29.27 on a volume of 181K 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, Skechers U.S.A. has traded in a range of $24.56 to $54.53 and is now at $29.62, 21% above that low. The 200-day and 50-day moving averages have moved 0.46% lower and 0.11% higher over the past week, respectively.

SmarTrend is tracking the current trend status for Skechers U.S.A. and will alert subscribers who have SKX in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses skechers u.s.a.

Ticker(s): SKX