Bullish Moving Average Cross by L-3 Communications (LLL)
L-3 Communications (NYSE:LLL) shares have crossed bullishly above their 10-day moving average of $149.26 on a volume of 147K 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, L-3 Communications has traded in a range of $101.11 to $150.89 and is now at $150.47, 49% above that low. The 200-day and 50-day moving averages have moved 0.20% higher and 1.09% higher over the past week, respectively.
SmarTrend is monitoring the recent change of momentum in L-3 Communications. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of L-3 Communications in search of a potential trend change.
Keywords: moving crosses l-3 communications