Cabot Bullish Moving Average Crossover Alert (CBT)
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