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Bullish Moving Average Cross by Goodyear Tire (GT)

By Shiri Gupta

Today, shares of Goodyear Tire (NASDAQ:GT) have crossed bullishly above their 10-day moving average of $23.22 on a volume of 472K 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.

Goodyear Tire share prices have moved between a 52-week high of $36.07 and a 52-week low of $20.75 and are now trading 14% above that low price at $23.56 per share. In the last five trading sessions, the 50-day moving average (MA) has remained constant while the 200-day MA has slid 0.4%.

SmarTrend is monitoring the recent change of momentum in Goodyear Tire. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Goodyear Tire in search of a potential trend change.

Keywords: moving crosses Goodyear Tire

Ticker(s): GT