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Viasat Inc Bullish Moving Average Crossover Alert (VSAT)

By James Quinn

Today, shares of Viasat Inc (NASDAQ:VSAT) have advanced above their 10-day MA of $62.68 on a volume of 298K 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, Viasat Inc share prices have been bracketed by a low of $57.75 and a high of $80.26 and are now at $63.62, 10% above that low price. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has declined 1.5%.

SmarTrend recommended that its subscribers protect gains by selling shares of Viasat Inc on March 26th, 2018 by issuing a Downtrend alert when the shares were trading at $69.62. Since that call, shares of Viasat Inc have fallen 11.3%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: moving crosses viasat inc

Ticker(s): VSAT