Smith & Nephew Bullish Moving Average Crossover Alert (SNN)
Today, shares of Smith & Nephew (NYSE:SNN) have crossed bullishly above their 10-day moving average of $33.01 on a volume of 123K 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.
Smith & Nephew share prices have moved between a 52-week high of $37.84 and a 52-week low of $30.23 and are now trading 11% above that low price at $33.52 per share. The 200-day and 50-day moving averages have moved 0.1% lower and 0.30% higher over the past week, respectively.
SmarTrend is tracking the current trend status for Smith & Nephew and will alert subscribers who have SNN in their portfolio or watchlist when shares have changed trend direction.
Keywords: moving crosses smith & nephew