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Whole Foods Market Crosses Above its 10-day MA (WFM)

By Nick Russo

Whole Foods Market (NASDAQ:WFM) crossed over its 10-day moving average of $35.07 on a volume of 449K 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.

Whole Foods Market share prices have moved between a 52-week high of $54.88 and a 52-week low of $27.67 and are now trading 28% above that low price at $35.31 per share. Over the last five market days, the 200-day moving average (MA) has gone down 0.8% while the 50-day MA has declined 0.4%.

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

Keywords: moving crosses Whole Foods Market

Ticker(s): WFM