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

By James Quinn

Today, shares of Weight Watchers (NYSE:WTW) have advanced above their 10-day MA of $66.27 on a volume of 211K 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 Weight Watchers have traded between a low of $41.15 and a high of $105.73 and are now at $67.70, which is 65% above that low price. The 200-day and 50-day moving averages have moved 0.55% higher and 2.03% lower over the past week, respectively.

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

Keywords: moving crosses weight watchers

Ticker(s): WTW