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Bearish Moving Average Cross by Wesco Intl (WCC)

By James Quinn

Today, shares of Wesco Intl (NYSE:WCC) have fallen below their 10-day MA of $61.48 on a volume of 113K shares. This may provide short-term investors a chance for a short position, as such a crossover often suggests lower prices in the near term.

In the past 52 weeks, Wesco Intl share prices have been bracketed by a low of $48.95 and a high of $69.35 and are now at $61.20, 25% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.4% while the 50-day MA has remained constant.

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

Keywords: moving crosses wesco intl

Ticker(s): WCC