• Return to Headlines

Zumiez Inc Bullish Moving Average Crossover Alert (ZUMZ)

By David Diaz

Zumiez Inc (NASDAQ:ZUMZ) crossed over its 10-day moving average of $20.30 on a volume of 576K 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.

In the past 52 weeks, Zumiez Inc share prices have been bracketed by a low of $11.43 and a high of $26.55 and are now at $22.35, 96% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 1.9% while the 200-day MA has slid 1.2%.

SmarTrend recommended that subscribers consider buying shares of Zumiez Inc on September 8th, 2017 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $15.70. Since that recommendation, shares of Zumiez Inc have risen 27.4%. We continue to monitor ZUMZ for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses zumiez inc

Ticker(s): ZUMZ