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Bullish Moving Average Cross by State St Corp (STT)

By Shiri Gupta

Today, shares of State St Corp (NYSE:STT) have advanced above their 10-day MA of $50.79 on a volume of 315K 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.

In the past 52 weeks, shares of State St Corp have traded between a low of $48.62 and a high of $90.20 and are now at $51.32, which is 6% above that low price. The 200-day and 50-day moving averages have moved 0.42% lower and 0.61% lower over the past week, respectively.

SmarTrend recommended that its subscribers protect gains by selling shares of State St Corp on August 1st, 2019 by issuing a Downtrend alert when the shares were trading at $56.67. Since that call, shares of State St Corp have fallen 10.8%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: moving crosses state st corp

Ticker(s): STT