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Bullish Moving Average Cross by Genesee & Wyomin (GWR)

By James Quinn

Today, shares of Genesee & Wyomin (NYSE:GWR) have advanced above their 10-day MA of $66.37 on a volume of 164K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Genesee & Wyomin share prices have moved between a 52-week high of $80.73 and a 52-week low of $52.20 and are now trading 28% above that low price at $66.60 per share. Over the past week, the 200-day moving average (MA) has gone down 0.3% while the 50-day MA has advanced 0.8%.

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

Keywords: moving crosses genesee & wyomin

Ticker(s): GWR