Chubb Crosses Above its 10-day MA (CB)
Chubb (NYSE:CB) shares have crossed bullishly above their 10-day moving average of $124.30 on a volume of 662K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.
Over the past year, Chubb has traded in a range of $94.35 to $134.49 and is now at $125.14, 33% above that low. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.2%.
SmarTrend is tracking the current trend status for Chubb and will alert subscribers who have CB in their portfolio or watchlist when shares have changed trend direction.
Keywords: moving crosses chubb