• Return to Headlines

Bullish Moving Average Cross by Kohl's (KSS)

By Nick Russo

Today, shares of Kohl's (NYSE:KSS) have crossed bullishly above their 10-day moving average of $37.72 on a volume of 750K 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, Kohl's has traded in a range of $33.87 to $75.24 and is now at $38.06, 12% above that low. Over the last five market days, the 200-day moving average (MA) has gone down 0.8% while the 50-day MA has declined 0.3%.

SmarTrend recommended that its subscribers protect gains by selling shares of Kohl's on December 19th, 2016 by issuing a Downtrend alert when the shares were trading at $51.96. Since that call, shares of Kohl's have fallen 27.9%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: moving crosses kohl's

Ticker(s): KSS