• Return to Headlines

EMCOR Group Crosses Above its 10-day MA (EME)

By David Diaz

Today, shares of EMCOR Group (NYSE:EME) have advanced above their 10-day MA of $45.72 on a volume of 270K shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, EMCOR Group share prices have been bracketed by a low of $35.58 and a high of $48.00 and are now at $47.08, 32% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.6% while the 200-day MA has remained constant.

SmarTrend is monitoring the recent change of momentum in EMCOR Group. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of EMCOR Group in search of a potential trend change.

Keywords: moving crosses emcor group

Ticker(s): EME