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Bullish Moving Average Cross by Whirlpool Corp (WHR)

By James Quinn

Whirlpool Corp (NYSE:WHR) shares have crossed bullishly above their 10-day moving average of $149.90 on a volume of 149K 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, Whirlpool Corp has traded in a range of $145.59 to $202.99 and is now at $151.93, 4% above that low. The 200-day and 50-day moving averages have moved 0.12% higher and 1.31% higher over the past week, respectively.

SmarTrend recommended that its subscribers protect gains by selling shares of Whirlpool Corp on February 8th, 2018 by issuing a Downtrend alert when the shares were trading at $167.97. Since that call, shares of Whirlpool Corp have fallen 11.5%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: moving crosses whirlpool corp

Ticker(s): WHR