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Tenneco Crosses Below its 10-day MA (TEN)

By James Quinn

Tenneco (NYSE:TEN) shares have crossed bearishly below their 10-day moving average of $57.33 on a volume of 130K shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

In the past 52 weeks, shares of Tenneco have traded between a low of $34.45 and a high of $70.96 and are now at $55.93, which is 62% above that low price. The 200-day and 50-day moving averages have moved 0.09% higher and 1.25% higher over the past week, respectively.

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

Keywords: moving crosses tenneco

Ticker(s): TEN