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Bullish Moving Average Cross by Atwood Oceanics (ATW)

By Nick Russo

Today, shares of Atwood Oceanics (NYSE:ATW) have advanced above their 10-day MA of $8.66 on a volume of 17.7 million shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Atwood Oceanics share prices have moved between a 52-week high of $35.66 and a 52-week low of $4.82 and are now trading 114% above that low price at $10.32 per share. Over the past week, the 200-day moving average (MA) has gone down 2.1% while the 50-day MA has advanced 2.2%.

SmarTrend is monitoring the recent change of momentum in Atwood Oceanics. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Atwood Oceanics in search of a potential trend change.

Keywords: moving crosses atwood oceanics

Ticker(s): ATW