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Rockwell Automat Crosses Below its 10-day MA (ROK)

By James Quinn

Today, shares of Rockwell Automat (NYSE:ROK) have fallen below their 10-day MA of $150.46 on a volume of 103K shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

In the past 52 weeks, Rockwell Automat share prices have been bracketed by a low of $141.46 and a high of $198.23 and are now at $150.20, 6% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.3% while the 200-day MA has slid 0.2%.

SmarTrend is tracking the current trend status for Rockwell Automat and will alert subscribers who have ROK in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses rockwell automat

Ticker(s): ROK