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Bullish Moving Average Cross by Ashland (ASH)

By Amy Schwartz

Ashland (NYSE:ASH) shares have crossed bullishly above their 10-day moving average of $117.75 on a volume of 184K 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.

In the past 52 weeks, shares of Ashland have traded between a low of $88.30 and a high of $132.38 and are now at $117.87, which is 33% above that low price. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 1.4%.

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

Keywords: moving crosses ashland

Ticker(s): ASH