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Splunk Inc Bullish Moving Average Crossover Alert (SPLK)

By Shiri Gupta

Today, shares of Splunk Inc (NASDAQ:SPLK) have crossed bullishly above their 10-day moving average of $127.32 on a volume of 438K 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.

Splunk Inc share prices have moved between a 52-week high of $143.70 and a 52-week low of $83.69 and are now trading 54% above that low price at $129.05 per share. The 200-day and 50-day moving averages have moved 0.36% higher and 0.69% higher over the past week, respectively.

SmarTrend is tracking the current trend status for Splunk Inc and will alert subscribers who have SPLK in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses splunk inc

Ticker(s): SPLK