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Oshkosh Bullish Moving Average Crossover Alert (OSK)

By Amy Schwartz

Today, shares of Oshkosh (NYSE:OSK) have crossed bullishly above their 10-day moving average of $45.89 on a volume of 128K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, Oshkosh share prices have been bracketed by a low of $29.59 and a high of $55.69 and are now at $46.00, 55% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 2.6% while the 200-day MA has risen 0.3%.

SmarTrend recommended that subscribers consider buying shares of Oshkosh on February 17th, 2016 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $34.35. Since that recommendation, shares of Oshkosh have risen 31.5%. We continue to monitor OSK for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses oshkosh

Ticker(s): OSK