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Bullish Moving Average Cross by Total (TOT)

By James Quinn

Today, shares of Total (NYSE:TOT) have crossed bullishly above their 10-day moving average of $49.18 on a volume of 408K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Total share prices have moved between a 52-week high of $54.53 and a 52-week low of $39.05 and are now trading 26% above that low price at $49.35 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.8% while the 200-day MA has remained constant.

SmarTrend is monitoring the recent change of momentum in Total. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Total in search of a potential trend change.

Keywords: moving crosses Total

Ticker(s): TOT