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Fleetcor Technologies Inc Bullish Moving Average Crossover Alert (FLT)

By David Diaz

Fleetcor Technologies Inc (NYSE:FLT) shares have crossed bullishly above their 10-day moving average of $192.93 on a volume of 216K 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.

Fleetcor Technologies Inc share prices have moved between a 52-week high of $329.85 and a 52-week low of $168.51 and are now trading 20% above that low price at $202.62 per share. In the last five trading sessions, the 50-day moving average (MA) has fallen 4.7% while the 200-day MA has slid 0.8%.

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

Keywords: moving crosses fleetcor technologies inc

Ticker(s): FLT