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Eagle Materials Crosses Above its 10-day MA (EXP)

By Amy Schwartz

Today, shares of Eagle Materials (NYSE:EXP) have crossed bullishly above their 10-day moving average of $86.01 on a volume of 334K 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 Eagle Materials have traded between a low of $57.00 and a high of $115.75 and are now at $91.11, which is 60% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.4% while the 50-day MA has advanced 1.0%.

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

Keywords: moving crosses eagle materials

Ticker(s): EXP