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Bullish Moving Average Cross by Moody'S Corp (MCO)

By David Diaz

Moody'S Corp (:MCO) crossed over its 10-day moving average of $186.07 on a volume of 126K 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.

Moody'S Corp share prices have moved between a 52-week high of $188.51 and a 52-week low of $129.26 and are now trading 44% above that low price at $186.38 per share. Over the last five market days, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has advanced 1.4%.

SmarTrend is tracking the current trend status for Moody'S Corp and will alert subscribers who have MCO in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses :mco moody's corp

Ticker(s): MCO