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Bullish Moving Average Cross by Nmi Holdings I-A (NMIH)

By David Diaz

Today, shares of Nmi Holdings I-A (NASDAQ:NMIH) have crossed bullishly above their 10-day moving average of $28.55 on a volume of 104K 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, Nmi Holdings I-A share prices have been bracketed by a low of $15.62 and a high of $31.34 and are now at $28.99, 86% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.5% while the 50-day MA has remained constant.

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

Keywords: moving crosses nmi holdings i-a

Ticker(s): NMIH