Bullish Moving Average Cross by Chubb (CB)
Chubb (NYSE:CB) crossed over its 10-day moving average of $126.17 on a volume of 116K 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, Chubb has traded in a range of $94.35 to $134.49 and is now at $126.44, 34% above that low. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.2%.
SmarTrend is tracking the current trend status for Chubb and will alert subscribers who have CB in their portfolio or watchlist when shares have changed trend direction.
Keywords: moving crosses chubb