Louisiana-Pacific Bullish Moving Average Crossover Alert (LPX)
Louisiana-Pacific (NYSE:LPX) crossed over its 10-day moving average of $19.18 on a volume of 306K 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 Louisiana-Pacific have traded between a low of $13.31 and a high of $20.97 and are now at $19.30, which is 45% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.0% while the 200-day MA has risen 0.2%.
SmarTrend is monitoring the recent change of momentum in Louisiana-Pacific. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Louisiana-Pacific in search of a potential trend change.
Keywords: moving crosses louisiana-pacific