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Campbell Soup Crosses Below its 10-day MA (CPB)

By James Quinn

Campbell Soup (NYSE:CPB) shares have crossed bearishly below their 10-day moving average of $57.74 on a volume of 287K shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

In the past 52 weeks, Campbell Soup share prices have been bracketed by a low of $44.92 and a high of $67.89 and are now at $57.64, 28% above that low price. Over the past week, 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