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Campbell Soup Bullish Moving Average Crossover Alert (CPB)

By David Diaz

Campbell Soup (NYSE:CPB) crossed over its 10-day moving average of $60.74 on a volume of 143K 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 Campbell Soup have traded between a low of $44.92 and a high of $67.89 and are now at $60.86, which is 35% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.5% while the 50-day MA has advanced 0.2%.

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

Keywords: moving crosses Campbell Soup

Ticker(s): CPB