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Borgwarner Inc Crosses Above its 10-day MA (BWA)

By Shiri Gupta

Today, shares of Borgwarner Inc (NYSE:BWA) have crossed bullishly above their 10-day moving average of $43.98 on a volume of 150K shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.

Borgwarner Inc share prices have moved between a 52-week high of $58.22 and a 52-week low of $42.06 and are now trading 6% above that low price at $44.51 per share. In the last five trading sessions, the 50-day moving average (MA) has remained constant while the 200-day MA has slid 0.3%.

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

Keywords: moving crosses borgwarner inc

Ticker(s): BWA