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Bullish Moving Average Cross by Tegna Inc (TGNA)

By Nick Russo

Tegna Inc (NYSE:TGNA) shares have crossed bullishly above their 10-day moving average of $14.90 on a volume of 111K 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.

Over the past year, Tegna Inc has traded in a range of $10.24 to $16.58 and is now at $15.26, 49% above that low. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.3% while the 200-day MA has risen 0.4%.

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

Keywords: moving crosses tegna inc

Ticker(s): TGNA