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Yelp Inc Bullish Moving Average Crossover Alert (YELP)

By Nick Russo

Yelp Inc (NYSE:YELP) shares have crossed bullishly above their 10-day moving average of $39.63 on a volume of 273K 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, Yelp Inc share prices have been bracketed by a low of $29.37 and a high of $48.40 and are now at $40.33, 37% above that low price. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has declined 0.7%.

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

Keywords: moving crosses yelp inc

Ticker(s): YELP