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Stoneridge Inc Crosses Above its 10-day MA (SRI)

By Nick Russo

Today, shares of Stoneridge Inc (NYSE:SRI) have advanced above their 10-day MA of $25.32 on a volume of 429K 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.

Stoneridge Inc share prices have moved between a 52-week high of $29.70 and a 52-week low of $13.42 and are now trading 114% above that low price at $28.78 per share. Over the last five market days, the 200-day moving average (MA) has gone up 0.4% while the 50-day MA has advanced 1.4%.

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

Keywords: moving crosses stoneridge inc

Ticker(s): SRI