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Verint Systems Crosses Above its 10-day MA (VRNT)

By Shiri Gupta

Today, shares of Verint Systems (NASDAQ:VRNT) have advanced above their 10-day MA of $38.91 on a volume of 230K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, Verint Systems share prices have been bracketed by a low of $31.52 and a high of $44.70 and are now at $42.80, 36% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.2% while the 200-day MA has slid 1.3%.

SmarTrend is tracking the current trend status for Verint Systems and will alert subscribers who have VRNT in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses verint systems

Ticker(s): VRNT