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Fluor Crosses Above its 10-day MA (FLR)

By Amy Schwartz

Today, shares of Fluor (NYSE:FLR) have advanced above their 10-day MA of $52.20 on a volume of 126K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Over the past year, Fluor has traded in a range of $39.48 to $60.62 and is now at $53.00, 34% above that low. The 200-day and 50-day moving averages have moved 0.19% higher and 1.33% higher over the past week, respectively.

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

Keywords: moving crosses fluor

Ticker(s): FLR