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Mastec Inc Bullish Moving Average Crossover Alert (MTZ)

By Amy Schwartz

Today, shares of Mastec Inc (NYSE:MTZ) have advanced above their 10-day MA of $65.79 on a volume of 451K shares. Swing traders may find 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 Mastec Inc have traded between a low of $37.24 and a high of $68.72 and are now at $67.89, which is 82% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.5% while the 200-day MA has risen 0.7%.

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

Keywords: moving crosses mastec inc

Ticker(s): MTZ