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Bullish Moving Average Cross by Itt Inc (ITT)

By Amy Schwartz

Today, shares of Itt Inc (NYSE:ITT) have crossed bullishly above their 10-day moving average of $60.80 on a volume of 319K 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, Itt Inc share prices have been bracketed by a low of $44.89 and a high of $66.88 and are now at $64.21, 43% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.7% while the 200-day MA has risen 0.3%.

SmarTrend is tracking the current trend status for Itt Inc and will alert subscribers who have ITT in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses itt inc

Ticker(s): ITT