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Cullen/Frost Bullish Moving Average Crossover Alert (CFR)

By James Quinn

Cullen/Frost (NYSE:CFR) shares have crossed bullishly above their 10-day moving average of $85.12 on a volume of 109K 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.

Over the past year, Cullen/Frost has traded in a range of $79.86 to $107.23 and is now at $87.84, 10% above that low. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has declined 1%.

SmarTrend is tracking the current trend status for Cullen/Frost and will alert subscribers who have CFR in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses cullen/frost

Ticker(s): CFR