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Starwood Propert Bullish Moving Average Crossover Alert (STWD)

By Amy Schwartz

Starwood Propert (NYSE:STWD) shares have crossed bullishly above their 10-day moving average of $21.26 on a volume of 1.2 million shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, shares of Starwood Propert have traded between a low of $19.47 and a high of $23.04 and are now at $21.49, which is 10% above that low price. The 200-day and 50-day moving averages have moved 0.05% lower and 0.57% lower over the past week, respectively.

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

Keywords: moving crosses starwood propert

Ticker(s): STWD