Bullish Moving Average Cross by Praxair (PX)
Today, shares of Praxair (NYSE:PX) have advanced above their 10-day MA of $118.15 on a volume of 129K shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.
Praxair share prices have moved between a 52-week high of $124.17 and a 52-week low of $95.60 and are now trading 24% above that low price at $118.35 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.9% while the 200-day MA has remained constant.
SmarTrend is tracking the current trend status for Praxair and will alert subscribers who have PX in their portfolio or watchlist when shares have changed trend direction.
Keywords: moving crosses praxair