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Bullish Moving Average Cross by Agrium (AGU)

By David Diaz

Today, shares of Agrium (NYSE:AGU) have crossed bullishly above their 10-day moving average of $91.49 on a volume of 1.5 million shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, shares of Agrium have traded between a low of $79.94 and a high of $110.21 and are now at $96.68, which is 21% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.4% while the 50-day MA has advanced 0.3%.

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

Keywords: moving crosses Agrium

Ticker(s): AGU