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Bullish Moving Average Cross by Crane (CR)

By James Quinn

Today, shares of Crane (NYSE:CR) have crossed bullishly above their 10-day moving average of $61.21 on a volume of 232K shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.

Over the past year, Crane has traded in a range of $41.68 to $67.00 and is now at $65.01, 56% above that low. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.9% while the 200-day MA has remained constant.

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

Keywords: moving crosses crane

Ticker(s): CR