50/200-day MA Crossovers for Monday (PAY,BJK,NATI,DDD,LMNX)

Bull-Bear-spy-vs-spy

Here are today's Bullish 50/200-day MA Crossovers for 02-27-2012. In focus this morning is the Technology Sector.

What's a Bullish 50/200-day MA Crossover?

The 50 day and 200 day moving average crossover is a heavily used tool to emphasize the trend and smooth out of price movements. It is often thought that a stock that has a price trading above its 50 day moving average and if the 50 day moving average is above the 200 day moving average, then the stock is healthy and should continue upward in the near future.

The 50 day and 200 day moving averages are also used as support and resistance areas. When trading above, they act as support, which can give you an extra edge in your trades.

Verifone Systems Inc (PAY) is currently trading at $47.84. Its 52 week range is between $30.25 and $58.88.

Market Vectors Gaming ETF (BJK) is currently trading at $33.98. Its 52 week range is between $25.63 and $37.2.

National Instruments Corp (NATI) is currently trading at $27.33. Its 52 week range is between $21.32 and $33.2.

3D Systems Corp (DDD) is currently trading at $24.92. Its 52 week range is $12.78 and $29.35.

Luminex Corp (LMNX) is currently trading at $22.49. Its 52 week range is between $17.3 and $24.7.

MASTERY Bottom Line (Ninja Style)MASTERY Bottom line:

Moving average crossover systems can be very effective, however, they should be used with other aspects of technical analysis (candlesticks, momentum, volume, etc.). While it is easy to find a system that has worked well in the past, there's no guarantee that it will work in the future..

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