• Return to Headlines

Staar Surgical Bullish Moving Average Crossover Alert (STAA)

By David Diaz

Today, shares of Staar Surgical (NASDAQ:STAA) have crossed bullishly above their 10-day moving average of $29.74 on a volume of 335K 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.

Staar Surgical share prices have moved between a 52-week high of $32.58 and a 52-week low of $9.60 and are now trading 237% above that low price at $32.38 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 4.0% while the 200-day MA has risen 1.6%.

SmarTrend recommended that subscribers consider buying shares of Staar Surgical on April 18th, 2018 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $15.63. Since that recommendation, shares of Staar Surgical have risen 88.2%. We continue to monitor STAA for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses staar surgical

Ticker(s): STAA