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Polaris Inds Bullish Moving Average Crossover Alert (PII)

By James Quinn

Polaris Inds (NYSE:PII) shares have crossed bullishly above their 10-day moving average of $46.69 on a volume of 157K 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, Polaris Inds share prices have been bracketed by a low of $37.35 and a high of $104.37 and are now at $49.54, 33% above that low price. The 200-day and 50-day moving averages have moved 1.25% lower and 5.96% lower over the past week, respectively.

SmarTrend recommended that its subscribers protect gains by selling shares of Polaris Inds on March 9th, 2020 by issuing a Downtrend alert when the shares were trading at $75.01. Since that call, shares of Polaris Inds have fallen 41.5%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: moving crosses polaris inds

Ticker(s): PII