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Crown Holdings Crosses Above its 10-day MA (CCK)

By Nick Russo

Today, shares of Crown Holdings (NYSE:CCK) have advanced above their 10-day MA of $54.16 on a volume of 413K 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, Crown Holdings has traded in a range of $43.30 to $57.08 and is now at $55.35, 28% above that low. The 200-day and 50-day moving averages have moved 0% lower and 1.28% higher over the past week, respectively.

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

Keywords: moving crosses crown holdings

Ticker(s): CCK