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Cummins Inc Bullish Moving Average Crossover Alert (CMI)

By Nick Russo

Today, shares of Cummins Inc (NYSE:CMI) have advanced above their 10-day MA of $162.35 on a volume of 101K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, Cummins Inc share prices have been bracketed by a low of $124.40 and a high of $169.45 and are now at $163.25, 31% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has advanced 0.2%.

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

Keywords: moving crosses cummins inc

Ticker(s): CMI