• Return to Headlines

Bullish Moving Average Cross by Wabco Holdings (WBC)

By Amy Schwartz

Wabco Holdings (NYSE:WBC) crossed over its 10-day moving average of $133.26 on a volume of 251K shares. This may provide swing traders with an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, Wabco Holdings share prices have been bracketed by a low of $98.90 and a high of $146.68 and are now at $133.69, 35% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.8% while the 200-day MA has risen 0.2%.

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

Keywords: moving crosses wabco holdings

Ticker(s): WBC