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Bullish Moving Average Cross by YRC Worldwide (YRCW)

By David Diaz

Today, shares of YRC Worldwide (NASDAQ:YRCW) have advanced above their 10-day MA of $8.92 on a volume of 124K shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.

YRC Worldwide share prices have moved between a 52-week high of $21.37 and a 52-week low of $6.25 and are now trading 46% above that low price at $9.11 per share. Over the past week, the 200-day moving average (MA) has gone down 0.7% while the 50-day MA has advanced 0.3%.

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

Keywords: moving crosses yrc worldwide

Ticker(s): YRCW