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State St Corp Bullish Moving Average Crossover Alert (STT)

By Shiri Gupta

Today, shares of State St Corp (NYSE:STT) have crossed bullishly above their 10-day moving average of $55.22 on a volume of 725K 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 State St Corp have traded between a low of $53.53 and a high of $95.68 and are now at $55.74, which is 4% above that low price. The 200-day and 50-day moving averages have moved 0.7% lower and 1.22% lower over the past week, respectively.

SmarTrend recommended that its subscribers protect gains by selling shares of State St Corp on April 24th, 2019 by issuing a Downtrend alert when the shares were trading at $66.24. Since that call, shares of State St Corp have fallen 17.6%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: moving crosses state st corp

Ticker(s): STT