Bullish Moving Average Cross by Williams-Sonoma (WSM)
Today, shares of Williams-Sonoma (NYSE:WSM) have advanced above their 10-day MA of $50.23 on a volume of 238K 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, shares of Williams-Sonoma have traded between a low of $47.33 and a high of $89.38 and are now at $50.49, which is 7% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.3% while the 200-day MA has slid 0.8%.
SmarTrend is tracking the current trend status for Williams-Sonoma and will alert subscribers who have WSM in their portfolio or watchlist when shares have changed trend direction.
Keywords: moving crosses Williams-Sonoma