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Cvr Energy Inc Crosses Above its 10-day MA (CVI)

By Amy Schwartz

Today, shares of Cvr Energy Inc (NYSE:CVI) have advanced above their 10-day MA of $38.64 on a volume of 145K 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, Cvr Energy Inc share prices have been bracketed by a low of $22.96 and a high of $47.67 and are now at $39.20, 71% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.3% while the 50-day MA has advanced 0.3%.

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

Keywords: moving crosses cvr energy inc

Ticker(s): CVI