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Sealed Air Crosses Above its 10-day MA (SEE)

By Amy Schwartz

Sealed Air (NYSE:SEE) shares have crossed bullishly above their 10-day moving average of $46.27 on a volume of 183K 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, Sealed Air share prices have been bracketed by a low of $38.02 and a high of $55.84 and are now at $46.57, 22% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.5% while the 200-day MA has slid 0.2%.

SmarTrend is monitoring the recent change of momentum in Sealed Air. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Sealed Air in search of a potential trend change.

Keywords: moving crosses sealed air

Ticker(s): SEE