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Oxford Inds Inc Crosses Above its 10-day MA (OXM)

By Amy Schwartz

Today, shares of Oxford Inds Inc (NYSE:OXM) have advanced above their 10-day MA of $71.06 on a volume of 237K 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.

In the past 52 weeks, shares of Oxford Inds Inc have traded between a low of $63.50 and a high of $97.19 and are now at $73.11, which is 15% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.5% while the 50-day MA has declined 0.5%.

SmarTrend recommended that its subscribers protect gains by selling shares of Oxford Inds Inc on May 9th, 2019 by issuing a Downtrend alert when the shares were trading at $78.01. Since that call, shares of Oxford Inds Inc have fallen 11.8%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: moving crosses oxford inds inc

Ticker(s): OXM