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Bullish Moving Average Cross by Hologic Inc (HOLX)

By Amy Schwartz

Hologic Inc (NASDAQ:HOLX) shares have crossed bullishly above their 10-day moving average of $33.38 on a volume of 629K 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 Hologic Inc have traded between a low of $26.49 and a high of $55.25 and are now at $34.81, which is 31% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.7% while the 50-day MA has declined 4.4%.

SmarTrend is monitoring the recent change of momentum in Hologic Inc. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Hologic Inc in search of a potential trend change.

Keywords: moving crosses hologic inc

Ticker(s): HOLX