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Kbr Inc Bullish Moving Average Crossover Alert (KBR)

By Nick Russo

Today, shares of Kbr Inc (NYSE:KBR) have crossed bullishly above their 10-day moving average of $20.04 on a volume of 829K 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.

Kbr Inc share prices have moved between a 52-week high of $21.70 and a 52-week low of $14.40 and are now trading 40% above that low price at $20.16 per share. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.5%.

SmarTrend recommended that subscribers consider buying shares of Kbr Inc on May 22nd, 2018 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $17.83. Since that recommendation, shares of Kbr Inc have risen 11.1%. We continue to monitor KBR for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses KBR Inc

Ticker(s): KBR