Verint Systems Crosses Above its 10-day MA (VRNT)
Today, shares of Verint Systems (NASDAQ:VRNT) have crossed bullishly above their 10-day moving average of $32.63 on a volume of 239K 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.
Over the past year, Verint Systems has traded in a range of $29.76 to $66.45 and is now at $33.14, 11% above that low. Over the last five market days, the 200-day moving average (MA) has gone down 1.3% while the 50-day MA has declined 0.2%.
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