Owens & Minor Crosses Above its 10-day MA (OMI)
Today, shares of Owens & Minor (NYSE:OMI) have advanced above their 10-day MA of $36.87 on a volume of 107K 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, Owens & Minor share prices have been bracketed by a low of $31.89 and a high of $41.48 and are now at $37.08, 16% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.7% while the 200-day MA has remained constant.
SmarTrend is tracking the current trend status for Owens & Minor and will alert subscribers who have OMI in their portfolio or watchlist when shares have changed trend direction.
Keywords: moving crosses owens & minor