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Olin Corp Crosses Above its 10-day MA (OLN)

By Shiri Gupta

Olin Corp (NYSE:OLN) crossed over its 10-day moving average of $21.59 on a volume of 305K 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 Olin Corp have traded between a low of $17.87 and a high of $32.00 and are now at $21.94, which is 23% above that low price. The 200-day and 50-day moving averages have moved 0.6% lower and 0.8% lower over the past week, respectively.

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

Keywords: moving crosses olin corp

Ticker(s): OLN