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Bullish Moving Average Cross by Autoliv (ALV)

By Amy Schwartz

Autoliv (NYSE:ALV) shares have crossed bullishly above their 10-day moving average of $102.69 on a volume of 163K 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, Autoliv share prices have been bracketed by a low of $93.31 and a high of $132.19 and are now at $103.15, 11% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.3% while the 50-day MA has advanced 1.0%.

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

Keywords: moving crosses autoliv

Ticker(s): ALV