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Bullish Moving Average Cross by Energizer Holdin (ENR)

By James Quinn

Today, shares of Energizer Holdin (NYSE:ENR) have advanced above their 10-day MA of $41.64 on a volume of 141K 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, Energizer Holdin share prices have been bracketed by a low of $40.98 and a high of $60.07 and are now at $41.78, 2% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has advanced 1.3%.

SmarTrend recommended that its subscribers protect gains by selling shares of Energizer Holdin on June 8th, 2017 by issuing a Downtrend alert when the shares were trading at $50.03. Since that call, shares of Energizer Holdin have fallen 17.4%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: moving crosses energizer holdin

Ticker(s): ENR