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Sysco Corp Bullish Moving Average Crossover Alert (SYY)

By David Diaz

Sysco Corp (NYSE:SYY) crossed over its 10-day moving average of $71.95 on a volume of 344K 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, shares of Sysco Corp have traded between a low of $59.44 and a high of $75.98 and are now at $72.12, which is 21% above that low price. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.5%.

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

Keywords: moving crosses sysco corp

Ticker(s): SYY