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Bearish Moving Average Cross by Tenneco Inc (TEN)

By Nick Russo

Today, shares of Tenneco Inc (NYSE:TEN) have crossed bearishly below their 10-day moving average of $44.23 on a volume of 167K 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, shares of Tenneco Inc have traded between a low of $41.78 and a high of $65.59 and are now at $44.05, which is 5% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.5% while the 50-day MA has remained constant.

SmarTrend is tracking the current trend status for Tenneco Inc and will alert subscribers who have TEN in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses tenneco inc

Ticker(s): TEN