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Vmware Inc-Cl A Crosses Above its 10-day MA (VMW)

By Amy Schwartz

Today, shares of Vmware Inc-Cl A (NYSE:VMW) have crossed bullishly above their 10-day moving average of $102.24 on a volume of 143K shares. This may provide swing traders with an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Vmware Inc-Cl A share prices have moved between a 52-week high of $206.41 and a 52-week low of $86.00 and are now trading 21% above that low price at $104.24 per share. The 200-day and 50-day moving averages have moved 1.25% lower and 3.18% lower over the past week, respectively.

SmarTrend is tracking the current trend status for Vmware Inc-Cl A and will alert subscribers who have VMW in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses vmware inc-cl a

Ticker(s): VMW