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Ss&C Technologie Bearish Moving Average Crossover Alert (SSNC)

By Amy Schwartz

Ss&C Technologie (NASDAQ:SSNC) crossed under its 10-day moving average of $55.85 on a volume of 298K shares. This may provide swing traders with an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

Over the past year, Ss&C Technologie has traded in a range of $37.72 to $60.97 and is now at $55.27, 47% above that low. The 200-day and 50-day moving averages have moved 0.45% higher and 0.28% higher over the past week, respectively.

SmarTrend recommended that subscribers consider buying shares of Ss&C Technologie on June 18th, 2018 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $53.75. Since that recommendation, shares of Ss&C Technologie have risen 4.2%. We continue to monitor SSNC for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses ss&c technologie

Ticker(s): SSNC