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Cabot Bullish Moving Average Crossover Alert (CBT)

By Shiri Gupta

Cabot (NYSE:CBT) crossed over its 10-day moving average of $49.37 on a volume of 288K 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.

Over the past year, Cabot has traded in a range of $30.70 to $51.80 and is now at $50.48, 64% above that low. Over the last five market days, the 200-day moving average (MA) has gone up 0.5% while the 50-day MA has advanced 0.3%.

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

Keywords: moving crosses cabot

Ticker(s): CBT