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Bullish Moving Average Cross by Titan Machinery (TITN)

By Shiri Gupta

Titan Machinery (NASDAQ:TITN) shares have crossed bullishly above their 10-day moving average of $20.59 on a volume of 342K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Over the past year, Titan Machinery has traded in a range of $8.68 to $25.09 and is now at $24.82, 186% above that low. The 200-day and 50-day moving averages have moved 0.65% lower and 2.45% higher over the past week, respectively.

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

Keywords: moving crosses titan machinery

Ticker(s): TITN