Bullish Moving Average Cross by Waste Connections (WCN)
Waste Connections (NYSE:WCN) shares have crossed bullishly above their 10-day moving average of $68.27 on a volume of 654K 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, Waste Connections has traded in a range of $45.70 to $71.14 and is now at $68.85, 51% above that low. Over the past week, the 200-day moving average (MA) has gone up 0.7% while the 50-day MA has advanced 0.8%.
SmarTrend is tracking the current trend status for Waste Connections and will alert subscribers who have WCN in their portfolio or watchlist when shares have changed trend direction.
Keywords: moving crosses waste connections