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Johnson Controls Crosses Above its 10-day MA (JCI)

By Amy Schwartz

Today, shares of Johnson Controls (NYSE:JCI) have crossed bullishly above their 10-day moving average of $43.19 on a volume of 405K 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 Johnson Controls have traded between a low of $39.16 and a high of $48.97 and are now at $43.65, which is 11% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.1% while the 200-day MA has slid 0.3%.

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