• Return to Headlines

Tile Shop Hldgs Crosses Above its 10-day MA (TTS)

By James Quinn

Today, shares of Tile Shop Hldgs (NASDAQ:TTS) have advanced above their 10-day MA of $8.43 on a volume of 878K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Tile Shop Hldgs share prices have moved between a 52-week high of $20.35 and a 52-week low of $5.15 and are now trading 82% above that low price at $9.35 per share. Over the last five market days, the 200-day moving average (MA) has gone down 0.9% while the 50-day MA has advanced 1.1%.

SmarTrend recommended that subscribers consider buying shares of Tile Shop Hldgs on April 27th, 2018 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $6.95. Since that recommendation, shares of Tile Shop Hldgs have risen 19.4%. We continue to monitor TTS for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses tile shop hldgs

Ticker(s): TTS