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Tenneco Inc Crosses Below its 10-day MA (TEN)

By Nick Russo

Tenneco Inc (NYSE:TEN) shares have crossed bearishly below their 10-day moving average of $9.24 on a volume of 207K shares. This may provide swing traders with an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

Tenneco Inc share prices have moved between a 52-week high of $47.22 and a 52-week low of $7.62 and are now trading 20% above that low price at $9.12 per share. Over the last five market days, the 200-day moving average (MA) has gone down 1.5% while the 50-day MA has declined 0.5%.

SmarTrend is monitoring the recent change of momentum in Tenneco Inc. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Tenneco Inc in search of a potential trend change.

Keywords: moving crosses tenneco inc

Ticker(s): TEN