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Bullish Moving Average Cross by Six Flags Entert (SIX)

By David Diaz

Six Flags Entert (NYSE:SIX) crossed over its 10-day moving average of $13.16 on a volume of 1.7 million shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, Six Flags Entert share prices have been bracketed by a low of $8.75 and a high of $59.52 and are now at $16.01, 83% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 9.2% while the 200-day MA has slid 2.2%.

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

Keywords: moving crosses six flags entert

Ticker(s): SIX