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Carlisle Cos Inc Crosses Below its 10-day MA (CSL)

By James Quinn

Carlisle Cos Inc (NYSE:CSL) crossed under its 10-day moving average of $109.64 on a volume of 277K shares. This may provide swing traders with an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

Carlisle Cos Inc share prices have moved between a 52-week high of $119.21 and a 52-week low of $92.09 and are now trading 17% above that low price at $107.64 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.4% while the 200-day MA has risen 0.2%.

SmarTrend recommended that subscribers consider buying shares of Carlisle Cos Inc on April 25th, 2018 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $107.08. Since that recommendation, shares of Carlisle Cos Inc have risen 3.2%. We continue to monitor CSL for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses carlisle cos inc

Ticker(s): CSL