Crocs Trades Above 50 & 100-Day SMAs: Bullish Signal for Investors?

Crocs, Inc. (CROX) has demonstrated strong upward momentum, trading above its 50- and 100-day simple moving averages (SMAs). SMA is a key indicator of price stability and long-term bullish trends.CROX ended yesterday’s trading session at $111.54, above its 50- and 100-day SMAs of$103.08 and $104.97, respectively, highlighting a continued uptrend. This technical strength, combined with consistent momentum, reflects positive market sentiment and investor confidence in the company’s financial stability and gr ...