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Kansas City Southern Bearish Moving Average Crossover Alert (KSU)

By David Diaz

Kansas City Southern (NYSE:KSU) shares have crossed bearishly below their 10-day moving average of $96.46 on a volume of 152K shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

Over the past year, Kansas City Southern has traded in a range of $62.20 to $104.74 and is now at $96.30, 55% above that low. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.1% while the 200-day MA has remained constant.

SmarTrend recommended that subscribers consider buying shares of Kansas City Southern on July 14th, 2016 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $94.38. Since that recommendation, shares of Kansas City Southern have risen 3.1%. We continue to monitor KSU for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses kansas city southern

Ticker(s): KSU