• Return to Headlines

Bullish Moving Average Cross by Cbs Corp-B (CBS)

By Nick Russo

Today, shares of Cbs Corp-B (NYSE:CBS) have advanced above their 10-day MA of $38.17 on a volume of 250K shares. This may provide swing traders with an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Over the past year, Cbs Corp-B has traded in a range of $37.10 to $59.56 and is now at $38.59, 4% above that low. In the last five trading sessions, the 50-day moving average (MA) has fallen 1.6% while the 200-day MA has slid 0.2%.

SmarTrend is tracking the current trend status for Cbs Corp-B and will alert subscribers who have CBS in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses cbs corp-b

Ticker(s): CBS