Smith & Nephew Crosses Above its 10-day MA (SNN)
Today, shares of Smith & Nephew (NYSE:SNN) have crossed bullishly above their 10-day moving average of $34.63 on a volume of 244K shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.
In the past 52 weeks, shares of Smith & Nephew have traded between a low of $30.23 and a high of $37.84 and are now at $34.85, which is 15% above that low price. 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