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Bullish Moving Average Cross by Emerson Elec Co (EMR)

By Amy Schwartz

Emerson Elec Co (NYSE:EMR) crossed over its 10-day moving average of $64.85 on a volume of 327K 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, Emerson Elec Co has traded in a range of $55.39 to $79.70 and is now at $65.02, 17% above that low. Over the last five market days, the 200-day moving average (MA) has gone down 0.3% while the 50-day MA has declined 0.6%.

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

Keywords: moving crosses emerson elec co

Ticker(s): EMR