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Bullish Moving Average Cross by Crown Holdings (CCK)

By Shiri Gupta

Today, shares of Crown Holdings (NYSE:CCK) have advanced above their 10-day MA of $55.64 on a volume of 642K 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, Crown Holdings has traded in a range of $43.30 to $57.49 and is now at $56.10, 30% above that low. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.3% while the 200-day MA has remained constant.

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

Keywords: moving crosses crown holdings

Ticker(s): CCK