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Zayo Group Holdi Bullish Moving Average Crossover Alert (ZAYO)

By Nick Russo

Today, shares of Zayo Group Holdi (NYSE:ZAYO) have advanced above their 10-day MA of $34.09 on a volume of 443K 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, Zayo Group Holdi share prices have been bracketed by a low of $26.10 and a high of $37.95 and are now at $34.28, 31% above that low price. The 200-day and 50-day moving averages have moved 0.12% higher and 0.95% higher over the past week, respectively.

SmarTrend recommended that its subscribers protect gains by selling shares of Zayo Group Holdi on May 3rd, 2018 by issuing a Downtrend alert when the shares were trading at $35.16. Since that call, shares of Zayo Group Holdi have fallen 3.2%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: moving crosses zayo group holdi

Ticker(s): ZAYO