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Lexmark International Crosses Above its 10-day MA (LXK)

By David Diaz

Today, shares of Lexmark International (NYSE:LXK) have advanced above their 10-day MA of $36.08 on a volume of 4.9 million shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, shares of Lexmark International have traded between a low of $24.11 and a high of $47.69 and are now at $39.94, which is 66% above that low price. The 200-day and 50-day moving averages have moved 0.36% lower and 1.91% higher over the past week, respectively.

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

Keywords: moving crosses Lexmark International

Ticker(s): LXK