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Marsh & McLennan Bullish Moving Average Crossover Alert (MMC)

By Shiri Gupta

Today, shares of Marsh & McLennan (NYSE:MMC) have advanced above their 10-day MA of $62.57 on a volume of 481K 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.

Over the past year, Marsh & McLennan has traded in a range of $50.81 to $63.67 and is now at $62.77, 24% above that low. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.7% while the 200-day MA has remained constant.

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

Keywords: moving crosses marsh & mclennan

Ticker(s): MMC