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Murphy Usa Inc Crosses Below its 10-day MA (MUSA)

By James Quinn

Murphy Usa Inc (NYSE:MUSA) shares have crossed bearishly below their 10-day moving average of $89.21 on a volume of 106K shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

In the past 52 weeks, Murphy Usa Inc share prices have been bracketed by a low of $69.98 and a high of $94.71 and are now at $88.52, 26% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.3% while the 50-day MA has advanced 0.6%.

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

Keywords: moving crosses murphy usa inc

Ticker(s): MUSA