Bullish Moving Average Cross by Kansas City Southern (KSU)
Today, shares of Kansas City Southern (NYSE:KSU) have crossed bullishly above their 10-day moving average of $91.05 on a volume of 257K shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.
In the past 52 weeks, shares of Kansas City Southern have traded between a low of $62.20 and a high of $104.74 and are now at $91.52, which is 47% above that low price. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 1.1%.
SmarTrend is monitoring the recent change of momentum in Kansas City Southern. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Kansas City Southern in search of a potential trend change.
Keywords: moving crosses kansas city southern