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Cameco Crosses Above its 10-day MA (CCJ)

By Amy Schwartz

Today, shares of Cameco (NYSE:CCJ) have advanced above their 10-day MA of $11.92 on a volume of 913K 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.

In the past 52 weeks, shares of Cameco have traded between a low of $10.31 and a high of $17.55 and are now at $12.03, which is 17% above that low price. The 200-day and 50-day moving averages have moved 0.18% lower and 0.1% lower over the past week, respectively.

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

Keywords: moving crosses cameco

Ticker(s): CCJ