• Return to Headlines

Steelcase Inc-A Bullish Moving Average Crossover Alert (SCS)

By Amy Schwartz

Today, shares of Steelcase Inc-A (NYSE:SCS) have advanced above their 10-day MA of $14.47 on a volume of 528K 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.

Over the past year, Steelcase Inc-A has traded in a range of $12.50 to $18.15 and is now at $15.45, 24% above that low. Over the past week, the 200-day moving average (MA) has gone down 0.4% while the 50-day MA has advanced 1.3%.

SmarTrend is tracking the current trend status for Steelcase Inc-A and will alert subscribers who have SCS in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses steelcase inc-a

Ticker(s): SCS