Oshkosh Crosses Above its 10-day MA (OSK)
Oshkosh (NYSE:OSK) shares have crossed bullishly above their 10-day moving average of $39.91 on a volume of 513K 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.
Over the past year, Oshkosh has traded in a range of $29.59 to $55.69 and is now at $40.75, 38% above that low. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 1.4%.
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 15.6%. We continue to monitor OSK for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: moving crosses oshkosh