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Uptrend Call Working As Wageworks Stock Rises 41.4% (WAGE)

By Amy Schwartz

SmarTrend identified an Uptrend for Wageworks (NYSE:WAGE) on March 14th, 2019 at $36.25. In approximately 5 months, Wageworks has returned 41.35% as of today's recent price of $51.24.

Over the past year, Wageworks has traded in a range of $25.15 to $54.95 and is now at $51.25, 104% above that low. Over the last five market days, the 200-day moving average (MA) has gone up 0.4% while the 50-day MA has advanced 0.2%.

WageWorks, Inc. engages in administering consumer-directed benefits (CDBs), which empower employees to save money on taxes, as well as provides corporate tax advantages for employers in the United States.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Wageworks shares.

Log in and add Wageworks (WAGE) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights wageworks

Ticker(s): WAGE