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Itt Inc Bullish Moving Average Crossover Alert (ITT)

By Amy Schwartz

Today, shares of Itt Inc (NYSE:ITT) have crossed bullishly above their 10-day moving average of $61.29 on a volume of 184K 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 Itt Inc have traded between a low of $44.89 and a high of $63.08 and are now at $62.99, which is 40% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.3% while the 50-day MA has advanced 0.6%.

SmarTrend recommended that subscribers consider buying shares of Itt Inc on January 15th, 2019 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $50.69. Since that recommendation, shares of Itt Inc have risen 17.5%. We continue to monitor ITT for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses itt inc

Ticker(s): ITT