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Moody's Crosses Above its 10-day MA (MCO)

By James Quinn

Today, shares of Moody's (NYSE:MCO) have advanced above their 10-day MA of $94.30 on a volume of 198K 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 Moody's have traded between a low of $77.76 and a high of $113.87 and are now at $96.34, which is 24% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.4% while the 50-day MA has advanced 0.6%.

SmarTrend is tracking the current trend status for Moody's and will alert subscribers who have MCO in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses moody's

Ticker(s): MCO