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Walgreens Boots Crosses Above its 10-day MA (WBA)

By David Diaz

Today, shares of Walgreens Boots (NASDAQ:WBA) have advanced above their 10-day MA of $53.23 on a volume of 169K 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, shares of Walgreens Boots have traded between a low of $49.12 and a high of $86.31 and are now at $54.14, which is 10% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 0.6% while the 50-day MA has declined 0.4%.

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

Keywords: moving crosses walgreens boots

Ticker(s): WBA