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Bullish Moving Average Cross by World Fuel Svcs (INT)

By Shiri Gupta

World Fuel Svcs (NYSE:INT) crossed over its 10-day moving average of $40.15 on a volume of 108K 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.

Over the past year, World Fuel Svcs has traded in a range of $19.81 to $42.76 and is now at $41.28, 108% above that low. The 200-day and 50-day moving averages have moved 0.72% higher and 0.41% higher over the past week, respectively.

SmarTrend is tracking the current trend status for World Fuel Svcs and will alert subscribers who have INT in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses world fuel svcs

Ticker(s): INT