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Olin Crosses Above its 10-day MA (OLN)

By James Quinn

Today, shares of Olin (NYSE:OLN) have advanced above their 10-day MA of $30.92 on a volume of 273K 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.

Over the past year, Olin has traded in a range of $12.29 to $33.88 and is now at $31.63, 157% above that low. 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

Ticker(s): OLN