• Return to Headlines

Bullish Moving Average Cross by ITT (ITT)

By David Diaz

Today, shares of ITT (NYSE:ITT) have crossed bullishly above their 10-day moving average of $32.02 on a volume of 355K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, ITT share prices have been bracketed by a low of $29.15 and a high of $43.96 and are now at $33.43, 15% above that low price. The 200-day and 50-day moving averages have moved 0.04% lower and 0.85% higher over the past week, respectively.

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

Keywords: moving crosses

Ticker(s): ITT