Olin Crosses Above its 10-day MA (OLN)
Today, shares of Olin (NYSE:OLN) have crossed bullishly above their 10-day moving average of $21.00 on a volume of 273K 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.
Olin share prices have moved between a 52-week high of $31.14 and a 52-week low of $12.29 and are now trading 72% above that low price at $21.13 per share. The 200-day and 50-day moving averages have moved 0.22% lower and 3.26% higher over the past week, respectively.
SmarTrend is monitoring the recent change of momentum in Olin. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Olin in search of a potential trend change.
Keywords: moving crosses olin