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Bullish Moving Average Cross by Praxair Inc (PX)

By Shiri Gupta

Today, shares of Praxair Inc (NYSE:PX) have crossed bullishly above their 10-day moving average of $156.77 on a volume of 122K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, Praxair Inc share prices have been bracketed by a low of $132.49 and a high of $168.54 and are now at $158.45, 20% above that low price. The 200-day and 50-day moving averages have moved 0.04% higher and 0.04% lower over the past week, respectively.

SmarTrend is tracking the current trend status for Praxair Inc and will alert subscribers who have PX in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses praxair inc

Ticker(s): PX