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Itron Inc Bullish Moving Average Crossover Alert (ITRI)

By David Diaz

Today, shares of Itron Inc (NASDAQ:ITRI) have advanced above their 10-day MA of $54.44 on a volume of 572K 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 Itron Inc have traded between a low of $26.90 and a high of $61.60 and are now at $60.20, which is 124% above that low price. The 200-day and 50-day moving averages have moved 0.59% higher and 0.35% higher over the past week, respectively.

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

Keywords: moving crosses itron inc

Ticker(s): ITRI