• Return to Headlines

Bullish Moving Average Cross by Taylor Morriso-A (TMHC)

By Nick Russo

Today, shares of Taylor Morriso-A (NYSE:TMHC) have crossed bullishly above their 10-day moving average of $23.38 on a volume of 253K 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.

In the past 52 weeks, shares of Taylor Morriso-A have traded between a low of $13.76 and a high of $28.42 and are now at $23.90, which is 74% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 0.7% while the 50-day MA has advanced 0.3%.

SmarTrend recommended that its subscribers protect gains by selling shares of Taylor Morriso-A on January 30th, 2018 by issuing a Downtrend alert when the shares were trading at $25.72. Since that call, shares of Taylor Morriso-A have fallen 9.5%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: moving crosses taylor morriso-a

Ticker(s): TMHC