Bearish Moving Average Cross by Kronos Worldwide (KRO)
Today, shares of Kronos Worldwide (NYSE:KRO) have crossed bearishly below their 10-day moving average of $5.86 on a volume of 156K shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.
In the past 52 weeks, Kronos Worldwide share prices have been bracketed by a low of $3.94 and a high of $13.39 and are now at $5.72, 45% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.4% while the 200-day MA has slid 1.2%.
SmarTrend is tracking the current trend status for Kronos Worldwide and will alert subscribers who have KRO in their portfolio or watchlist when shares have changed trend direction.
Keywords: moving crosses kronos worldwide