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Bullish Moving Average Cross by Colgate-Palmoliv (CL)

By David Diaz

Today, shares of Colgate-Palmoliv (NYSE:CL) have advanced above their 10-day MA of $71.22 on a volume of 400K 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, Colgate-Palmoliv has traded in a range of $63.43 to $77.27 and is now at $71.61, 13% above that low. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.5% while the 200-day MA has remained constant.

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

Keywords: moving crosses colgate-palmoliv

Ticker(s): CL