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Bullish Moving Average Cross by Lennox Intl Inc (LII)

By James Quinn

Today, shares of Lennox Intl Inc (NYSE:LII) have advanced above their 10-day MA of $163.09 on a volume of 125K shares. This may provide swing traders with an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Over the past year, Lennox Intl Inc has traded in a range of $135.86 to $192.58 and is now at $164.37, 21% above that low. The 200-day and 50-day moving averages have moved 0.37% higher and 0.71% higher over the past week, respectively.

SmarTrend recommended that its subscribers protect gains by selling shares of Lennox Intl Inc on July 24th, 2017 by issuing a Downtrend alert when the shares were trading at $178.38. Since that call, shares of Lennox Intl Inc have fallen 8.7%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: moving crosses lennox intl inc

Ticker(s): LII