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Viasat Inc Crosses Above its 10-day MA (VSAT)

By Shiri Gupta

Viasat Inc (NASDAQ:VSAT) crossed over its 10-day moving average of $89.58 on a volume of 270K 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.

Over the past year, Viasat Inc has traded in a range of $55.93 to $97.12 and is now at $94.49, 69% above that low. Over the past week, the 200-day moving average (MA) has gone up 0.5% while the 50-day MA has advanced 1.3%.

SmarTrend recommended that subscribers consider buying shares of Viasat Inc on February 4th, 2019 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $63.66. Since that recommendation, shares of Viasat Inc have risen 38.0%. We continue to monitor VSAT for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses viasat inc

Ticker(s): VSAT