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Csx Corp Crosses Above its 10-day MA (CSX)

By Amy Schwartz

Csx Corp (NASDAQ:CSX) crossed over its 10-day moving average of $64.84 on a volume of 989K 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.

Csx Corp share prices have moved between a 52-week high of $67.69 and a 52-week low of $47.99 and are now trading 36% above that low price at $65.12 per share. Over the past week, the 200-day moving average (MA) has gone up 0.5% while the 50-day MA has advanced 0.7%.

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

Keywords: moving crosses csx corp

Ticker(s): CSX