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Newell Rubbermaid Crosses Above its 10-day MA (NWL)

By David Diaz

Today, shares of Newell Rubbermaid (NYSE:NWL) have advanced above their 10-day MA of $52.13 on a volume of 670K 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.

In the past 52 weeks, shares of Newell Rubbermaid have traded between a low of $33.26 and a high of $55.45 and are now at $52.58, which is 58% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.7% while the 200-day MA has risen 0.2%.

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

Keywords: moving crosses newell rubbermaid

Ticker(s): NWL