• Return to Headlines

Weight Watchers Crosses Above its 10-day MA (WTW)

By David Diaz

Today, shares of Weight Watchers (NYSE:WTW) have advanced above their 10-day MA of $36.85 on a volume of 5.0 million 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.

In the past 52 weeks, Weight Watchers share prices have been bracketed by a low of $9.37 and a high of $42.20 and are now at $42.07, 349% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 1.3% while the 50-day MA has declined 1%.

SmarTrend is monitoring the recent change of momentum in Weight Watchers. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Weight Watchers in search of a potential trend change.

Keywords: moving crosses weight watchers

Ticker(s): WTW