Teck Resources Crosses Above its 10-day MA (TCK)
Teck Resources (NYSE:TCK) crossed over its 10-day moving average of $9.69 on a volume of 2.1 million 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 Teck Resources have traded between a low of $2.56 and a high of $16.20 and are now at $9.84, which is 284% above that low price. The 200-day and 50-day moving averages have moved 0.85% higher and 4.96% higher over the past week, respectively.
SmarTrend is tracking the current trend status for Teck Resources and will alert subscribers who have TCK in their portfolio or watchlist when shares have changed trend direction.
Keywords: moving crosses Teck Resources