CF Industries Bullish Moving Average Crossover Alert (CF)
Today, shares of CF Industries (NYSE:CF) have crossed bullishly above their 10-day moving average of $22.68 on a volume of 684K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.
CF Industries share prices have moved between a 52-week high of $70.32 and a 52-week low of $20.77 and are now trading 10% above that low price at $22.79 per share. The 200-day and 50-day moving averages have moved 1.51% lower and 0.15% lower over the past week, respectively.
SmarTrend recommended that its subscribers protect gains by selling shares of CF Industries on July 25th, 2016 by issuing a Downtrend alert when the shares were trading at $24.98. Since that call, shares of CF Industries have fallen 10.5%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.
Keywords: moving crosses CF Industries