Agilent Technologies Crosses Below its 10-day MA (A)
Agilent Technologies (NYSE:A) shares have crossed bearishly below their 10-day moving average of $47.76 on a volume of 1.7 million shares. This may provide swing traders with an opportunity for a short position, as such a crossover often suggests lower prices in the near term.
In the past 52 weeks, Agilent Technologies share prices have been bracketed by a low of $33.12 and a high of $48.63 and are now at $46.49, 40% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.7% while the 200-day MA has remained constant.
SmarTrend recommended that subscribers consider buying shares of Agilent Technologies on July 8th, 2016 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $45.21. Since that recommendation, shares of Agilent Technologies have risen 7.1%. We continue to monitor A for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: moving crosses agilent technologies