CenturyTel Bullish Moving Average Crossover Alert (CTL)
Today, shares of CenturyTel (NYSE:CTL) have crossed bullishly above their 10-day moving average of $27.02 on a volume of 894K shares. This may provide swing traders with an opportunity for a long position, as such a crossover often suggests higher prices in the near term.
In the past 52 weeks, shares of CenturyTel have traded between a low of $21.94 and a high of $36.39 and are now at $27.14, which is 24% above that low price. The 200-day and 50-day moving averages have moved 0.01% lower and 0.14% higher over the past week, respectively.
SmarTrend recommended that its subscribers protect gains by selling shares of CenturyTel on May 3rd, 2016 by issuing a Downtrend alert when the shares were trading at $30.61. Since that call, shares of CenturyTel have fallen 12.4%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.
Keywords: moving crosses Centurytel