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Colgate-Palmoliv Crosses Below its 10-day MA (CL)

By James Quinn

Colgate-Palmoliv (NYSE:CL) shares have crossed bearishly below their 10-day moving average of $71.22 on a volume of 451K 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.

Colgate-Palmoliv share prices have moved between a 52-week high of $76.41 and a 52-week low of $57.41 and are now trading 24% above that low price at $70.97 per share. In the last five trading sessions, the 50-day moving average (MA) has remained constant while the 200-day MA has risen 0.3%.

SmarTrend is monitoring the recent change of momentum in Colgate-Palmoliv. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Colgate-Palmoliv in search of a potential trend change.

Keywords: moving crosses colgate-palmoliv

Ticker(s): CL