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Bullish Moving Average Cross by Capital One Financial (COF)

By Nick Russo

Capital One Financial (NYSE:COF) crossed over its 10-day moving average of $69.58 on a volume of 368K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Over the past year, Capital One Financial has traded in a range of $58.49 to $92.10 and is now at $69.99, 20% above that low. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.6% while the 200-day MA has slid 0.5%.

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

Keywords: moving crosses capital one financial

Ticker(s): COF