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Marsh & McLennan Crosses Above its 10-day MA (MMC)

By Nick Russo

Marsh & McLennan (NYSE:MMC) crossed over its 10-day moving average of $66.65 on a volume of 351K 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 $68.69 and is now at $66.79, 31% above that low. The 200-day and 50-day moving averages have moved 0.18% higher and 0.82% higher over the past week, respectively.

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