Kansas City Southern Bullish Moving Average Crossover Alert (KSU)
Today, shares of Kansas City Southern (NYSE:KSU) have advanced above their 10-day MA of $87.99 on a volume of 140K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher 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 $89.18, 43% above that low. The 200-day and 50-day moving averages have moved 0.07% lower and 1.05% higher over the past week, respectively.
SmarTrend recommended that its subscribers protect gains by selling shares of Kansas City Southern on May 12th, 2016 by issuing a Downtrend alert when the shares were trading at $91.28. Since that call, shares of Kansas City Southern have fallen 4.0%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.
Keywords: moving crosses kansas city southern