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Tempur-Pedic International Crosses Above its 10-day MA (TPX)

By David Diaz

Tempur-Pedic International (NYSE:TPX) shares have crossed bullishly above their 10-day moving average of $46.55 on a volume of 135K 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, Tempur-Pedic International has traded in a range of $38.87 to $82.61 and is now at $47.08, 21% above that low. Over the last five market days, the 200-day moving average (MA) has gone down 0.3% while the 50-day MA has advanced 0.5%.

SmarTrend is tracking the current trend status for Tempur-Pedic International and will alert subscribers who have TPX in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses tempur-pedic international

Ticker(s): TPX