• Return to Headlines

Bullish Moving Average Cross by Terex Corp (TEX)

By Amy Schwartz

Today, shares of Terex Corp (NYSE:TEX) have crossed bullishly above their 10-day moving average of $24.21 on a volume of 298K 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, Terex Corp share prices have been bracketed by a low of $22.84 and a high of $40.00 and are now at $24.54, 7% above that low price. The 200-day and 50-day moving averages have moved 0.19% lower and 2.63% lower over the past week, respectively.

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

Keywords: moving crosses terex corp

Ticker(s): TEX