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Shares of Electronic Arts Inc. (ERTS) Remain Above the Support Line
Shares of ERTS touched the 50-day moving average from above but failed to traverse below the widely
watched support line of $15.63. If the stock stays above the critical 50-day moving average, then
investors may continue to buy the shares in anticipation of an upward price move.
Shares of Electronic Arts Inc. closed at $16.01 in the previous trading session and opened today at $15.88.
ERTS is currently trading at $15.93, down $0.08 (-0.50%) in today's trading session.
The shares of the stock are trading between $15.61 and $16.07. Today's price shift was accompanied by a volume of 3,533,319 shares which
is less than the average volume of 6,978,510 shares.
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