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Bullish Moving Average Cross by Contl Res Inc/Ok (CLR)

By Shiri Gupta

Today, shares of Contl Res Inc/Ok (NYSE:CLR) have crossed bullishly above their 10-day moving average of $41.34 on a volume of 147K 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.

In the past 52 weeks, Contl Res Inc/Ok share prices have been bracketed by a low of $34.61 and a high of $71.95 and are now at $41.70, 20% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 1.8% while the 200-day MA has slid 0.8%.

SmarTrend is tracking the current trend status for Contl Res Inc/Ok and will alert subscribers who have CLR in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses contl res inc/ok

Ticker(s): CLR