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Bullish Moving Average Cross by Woodward Inc (WWD)

By James Quinn

Woodward Inc (NASDAQ:WWD) shares have crossed bullishly above their 10-day moving average of $96.25 on a volume of 162K 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.

Woodward Inc share prices have moved between a 52-week high of $98.01 and a 52-week low of $68.40 and are now trading 43% above that low price at $98.01 per share. Over the past week, the 200-day moving average (MA) has gone up 0.4% while the 50-day MA has advanced 0.4%.

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

Keywords: moving crosses woodward inc

Ticker(s): WWD