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Norfolk Southern Bullish Moving Average Crossover Alert (NSC)

By Shiri Gupta

Norfolk Southern (NYSE:NSC) crossed over its 10-day moving average of $193.54 on a volume of 469K 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 Norfolk Southern have traded between a low of $133.47 and a high of $197.24 and are now at $196.00, which is 47% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.8% while the 200-day MA has risen 0.4%.

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

Keywords: moving crosses Norfolk Southern

Ticker(s): NSC