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Flowserve Corp Crosses Above its 10-day MA (FLS)

By Shiri Gupta

Today, shares of Flowserve Corp (NYSE:FLS) have advanced above their 10-day MA of $49.42 on a volume of 854K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Flowserve Corp share prices have moved between a 52-week high of $56.86 and a 52-week low of $35.88 and are now trading 44% above that low price at $51.80 per share. 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 Flowserve Corp and will alert subscribers who have FLS in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses flowserve corp

Ticker(s): FLS