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Core Laboratories Bullish Moving Average Crossover Alert (CLB)

By Amy Schwartz

Core Laboratories (NYSE:CLB) shares have crossed bullishly above their 10-day moving average of $112.80 on a volume of 104K 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.

Core Laboratories share prices have moved between a 52-week high of $135.49 and a 52-week low of $84.50 and are now trading 35% above that low price at $113.97 per share. Over the past week, the 200-day moving average (MA) has gone up 0.4% while the 50-day MA has advanced 1.5%.

SmarTrend is tracking the current trend status for Core Laboratories and will alert subscribers who have CLB in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses core laboratories

Ticker(s): CLB