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Tenneco Inc Bullish Moving Average Crossover Alert (TEN)

By David Diaz

Today, shares of Tenneco Inc (NYSE:TEN) have advanced above their 10-day MA of $42.48 on a volume of 114K shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, shares of Tenneco Inc have traded between a low of $41.26 and a high of $65.59 and are now at $42.83, which is 4% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 0.6% while the 50-day MA has declined 0.3%.

SmarTrend recommended that its subscribers protect gains by selling shares of Tenneco Inc on May 30th, 2018 by issuing a Downtrend alert when the shares were trading at $44.38. Since that call, shares of Tenneco Inc have fallen 4.8%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: moving crosses tenneco inc

Ticker(s): TEN