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Terex Corp Bullish Moving Average Crossover Alert (TEX)

By Shiri Gupta

Today, shares of Terex Corp (NYSE:TEX) have advanced above their 10-day MA of $40.11 on a volume of 163K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, Terex Corp share prices have been bracketed by a low of $18.91 and a high of $50.17 and are now at $40.52, 114% above that low price. The 200-day and 50-day moving averages have moved 0.05% higher and 0.22% higher over the past week, respectively.

SmarTrend recommended that its subscribers protect gains by selling shares of Terex Corp on February 2nd, 2018 by issuing a Downtrend alert when the shares were trading at $46.07. Since that call, shares of Terex Corp have fallen 13.4%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: moving crosses terex corp

Ticker(s): TEX