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Glatfelter Bullish Moving Average Crossover Alert (GLT)

By Shiri Gupta

Glatfelter (NYSE:GLT) crossed over its 10-day moving average of $18.59 on a volume of 112K 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 Glatfelter have traded between a low of $15.76 and a high of $23.85 and are now at $19.74, which is 25% above that low price. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has declined 0.7%.

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

Keywords: moving crosses glatfelter

Ticker(s): GLT