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FMC Crosses Above its 10-day MA (FMC)

By Shiri Gupta

FMC (NYSE:FMC) shares have crossed bullishly above their 10-day moving average of $47.41 on a volume of 110K 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, FMC has traded in a range of $32.24 to $61.11 and is now at $48.00, 49% above that low. Over the last five market days, the 200-day moving average (MA) has gone down 0.2% while the 50-day MA has advanced 1.9%.

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

Keywords: moving crosses

Ticker(s): FMC