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Coca-Cola Co/The Crosses Above its 10-day MA (KO)

By Nick Russo

Coca-Cola Co/The (NYSE:KO) shares have crossed bullishly above their 10-day moving average of $41.99 on a volume of 3.3 million shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.

Coca-Cola Co/The share prices have moved between a 52-week high of $48.62 and a 52-week low of $39.88 and are now trading 6% above that low price at $42.22 per share. Over the last five market days, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has advanced 0.2%.

SmarTrend is tracking the current trend status for Coca-Cola Co/The and will alert subscribers who have KO in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses coca-cola co/the

Ticker(s): KO