Bullish Moving Average Cross by Energizer (ENR)
Energizer (NYSE:ENR) crossed over its 10-day moving average of $43.88 on a volume of 175K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.
Energizer share prices have moved between a 52-week high of $45.85 and a 52-week low of $28.86 and are now trading 57% above that low price at $45.29 per share. Over the past week, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has advanced 0.9%.
SmarTrend recommended that subscribers consider buying shares of Energizer on February 3rd, 2016 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $36.03. Since that recommendation, shares of Energizer have risen 21.4%. We continue to monitor ENR for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: moving crosses Energizer