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KBR Bullish Moving Average Crossover Alert (KBR)

By David Diaz

KBR (NYSE:KBR) crossed over its 10-day moving average of $15.03 on a volume of 548K 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.

In the past 52 weeks, shares of KBR have traded between a low of $11.61 and a high of $20.77 and are now at $15.17, which is 31% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.2% while the 200-day MA has slid 0.4%.

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

Keywords: moving crosses

Ticker(s): KBR