• Return to Headlines

Bearish Moving Average Cross by Kronos Worldwide (KRO)

By Shiri Gupta

Kronos Worldwide (NYSE:KRO) shares have crossed bearishly below their 10-day moving average of $23.13 on a volume of 788K 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.

Over the past year, Kronos Worldwide has traded in a range of $4.70 to $29.49 and is now at $21.20, 351% above that low. 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

Ticker(s): KRO