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Tegna Inc Crosses Above its 10-day MA (TGNA)

By David Diaz

Today, shares of Tegna Inc (NYSE:TGNA) have advanced above their 10-day MA of $10.86 on a volume of 1.0 million 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.

Tegna Inc share prices have moved between a 52-week high of $17.07 and a 52-week low of $10.46 and are now trading 7% above that low price at $11.15 per share. Over the past week, the 200-day moving average (MA) has gone down 0.7% while the 50-day MA has declined 0.4%.

SmarTrend recommended that its subscribers protect gains by selling shares of Tegna Inc on March 15th, 2018 by issuing a Downtrend alert when the shares were trading at $12.67. Since that call, shares of Tegna Inc have fallen 15.4%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: moving crosses tegna inc

Ticker(s): TGNA