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Bullish Moving Average Cross by Kansas City Sout (KSU)

By James Quinn

Kansas City Sout (NYSE:KSU) crossed over its 10-day moving average of $132.62 on a volume of 168K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Over the past year, Kansas City Sout has traded in a range of $90.55 to $134.09 and is now at $133.13, 47% above that low. Over the last five market days, the 200-day moving average (MA) has gone up 0.7% while the 50-day MA has advanced 0.8%.

SmarTrend recommended that subscribers consider buying shares of Kansas City Sout on June 28th, 2019 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $121.41. Since that recommendation, shares of Kansas City Sout have risen 9.0%. We continue to monitor KSU for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses kansas city sout

Ticker(s): KSU