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Wingstop Inc Bullish Moving Average Crossover Alert (WING)

By Shiri Gupta

Today, shares of Wingstop Inc (NASDAQ:WING) have crossed bullishly above their 10-day moving average of $88.56 on a volume of 161K 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.

Wingstop Inc share prices have moved between a 52-week high of $107.43 and a 52-week low of $56.95 and are now trading 56% above that low price at $88.69 per share. The 200-day and 50-day moving averages have moved 0.80% higher and 0.39% lower over the past week, respectively.

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

Keywords: moving crosses wingstop inc

Ticker(s): WING