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Cummins Inc Crosses Above its 10-day MA (CMI)

By Nick Russo

Cummins Inc (NYSE:CMI) shares have crossed bullishly above their 10-day moving average of $168.43 on a volume of 112K 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.

In the past 52 weeks, shares of Cummins Inc have traded between a low of $124.40 and a high of $171.84 and are now at $169.53, which is 36% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.4% 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