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Stamps.Com Inc Crosses Above its 10-day MA (STMP)

By David Diaz

Today, shares of Stamps.Com Inc (NASDAQ:STMP) have advanced above their 10-day MA of $215.52 on a volume of 165K 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 Stamps.Com Inc have traded between a low of $160.00 and a high of $285.75 and are now at $225.10, which is 41% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.3% while the 50-day MA has declined 1.7%.

SmarTrend recommended that its subscribers protect gains by selling shares of Stamps.Com Inc on September 17th, 2018 by issuing a Downtrend alert when the shares were trading at $225.35. Since that call, shares of Stamps.Com Inc have fallen 4.8%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: moving crosses stamps.com inc

Ticker(s): STMP