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Msc Indl Direct Bullish Moving Average Crossover Alert (MSM)

By James Quinn

Msc Indl Direct (NYSE:MSM) crossed over its 10-day moving average of $69.72 on a volume of 131K shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, shares of Msc Indl Direct have traded between a low of $64.59 and a high of $90.25 and are now at $73.08, which is 13% above that low price. The 200-day and 50-day moving averages have moved 0.19% lower and 0.37% lower over the past week, respectively.

SmarTrend is monitoring the recent change of momentum in Msc Indl Direct. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Msc Indl Direct in search of a potential trend change.

Keywords: moving crosses msc indl direct

Ticker(s): MSM