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Johnson Controls Bullish Moving Average Crossover Alert (JCI)

By Nick Russo

Today, shares of Johnson Controls (NYSE:JCI) have crossed bullishly above their 10-day moving average of $44.60 on a volume of 4.5 million shares. This may provide swing traders with an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Johnson Controls share prices have moved between a 52-week high of $54.52 and a 52-week low of $33.62 and are now trading 34% above that low price at $45.09 per share. Over the past week, the 200-day moving average (MA) has gone down 0.3% while the 50-day MA has advanced 1.1%.

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

Keywords: moving crosses Johnson Controls

Ticker(s): JCI