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Zoe'S Kitchen In Crosses Above its 10-day MA (ZOES)

By Nick Russo

Zoe'S Kitchen In (NYSE:ZOES) crossed over its 10-day moving average of $11.41 on a volume of 196K 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 Zoe'S Kitchen In have traded between a low of $10.77 and a high of $38.90 and are now at $11.94, which is 11% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.6% while the 200-day MA has remained constant.

SmarTrend recommended that its subscribers protect gains by selling shares of Zoe'S Kitchen In on January 11th, 2017 by issuing a Downtrend alert when the shares were trading at $23.13. Since that call, shares of Zoe'S Kitchen In have fallen 51.4%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: moving crosses zoe's kitchen in

Ticker(s): ZOES