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Itt Inc Crosses Above its 10-day MA (ITT)

By Shiri Gupta

Itt Inc (NYSE:ITT) shares have crossed bullishly above their 10-day moving average of $57.58 on a volume of 146K shares. This may provide short-term investors a chance 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 $63.04 and are now at $58.04, which is 29% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.5% while the 200-day MA has remained constant.

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 12.6%. 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