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Flowserve Bullish Moving Average Crossover Alert (FLS)

By James Quinn

Today, shares of Flowserve (NYSE:FLS) have crossed bullishly above their 10-day moving average of $46.77 on a volume of 176K 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, shares of Flowserve have traded between a low of $33.86 and a high of $58.01 and are now at $46.90, which is 39% above that low price. The 200-day and 50-day moving averages have moved 0.09% lower and 0.92% higher over the past week, respectively.

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

Keywords: moving crosses flowserve

Ticker(s): FLS