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Waddell & Reed Financial Bullish Moving Average Crossover Alert (WDR)

By Amy Schwartz

Today, shares of Waddell & Reed Financial (NYSE:WDR) have advanced above their 10-day MA of $18.53 on a volume of 120K 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.

Waddell & Reed Financial share prices have moved between a 52-week high of $50.22 and a 52-week low of $15.70 and are now trading 20% above that low price at $18.87 per share. The 200-day and 50-day moving averages have moved 1.62% lower and 0.98% lower over the past week, respectively.

SmarTrend is tracking the current trend status for Waddell & Reed Financial and will alert subscribers who have WDR in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses waddell & reed financial

Ticker(s): WDR