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Vera Bradley Bullish Moving Average Crossover Alert (VRA)

By David Diaz

Vera Bradley (NYSE:VRA) shares have crossed bullishly above their 10-day moving average of $15.63 on a volume of 121K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Vera Bradley share prices have moved between a 52-week high of $20.69 and a 52-week low of $9.21 and are now trading 72% above that low price at $15.81 per share. The 200-day and 50-day moving averages have moved 0.83% higher and 0.72% higher over the past week, respectively.

SmarTrend recommended that its subscribers protect gains by selling shares of Vera Bradley on May 5th, 2016 by issuing a Downtrend alert when the shares were trading at $16.83. Since that call, shares of Vera Bradley have fallen 8.4%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: moving crosses vera bradley

Ticker(s): VRA